This Nvidia Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday
Analysts downgraded General Mills, Redwood Trust, DoubleDown Interactive, EVgo and Nvidia; price targets fell for all except DoubleDown.
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Analysts downgraded General Mills, Redwood Trust, DoubleDown Interactive, EVgo and Nvidia; price targets fell for all except DoubleDown.
Analysts cut targets and ratings for General Mills, Redwood Trust and Evgo, while raising targets for Radcom, Royal Caribbean and others.
Bernstein analyst Stacy Rasgon downgrades NVIDIA (NASDAQ:NVDA) from Outperform to Market Perform and lowers the price target from $400 to $200.
Cantor Fitzgerald analyst C.J. Muse maintains NVIDIA (NASDAQ:NVDA) with a Overweight and lowers the price target from $350 to $250.
The AI robotics industry is projected to grow at 32% CAGR through 2033. Nvidia and Micron are well-positioned to capitalize on this boom as all humanoid robots require GPUs and memory chips. Despite recent leadership concerns at Nvidia, both companies show strong fundamentals with impressive revenue growth and profit margins.
Advanced Micro Devices and Broadcom extended gains Thursday as investors rotated into rival chipmakers amid Nvidia leadership uncertainty.
Nvidia reportedly weighs CFO Colette Kress as interim CEO as scrutiny surrounding Jensen Huang raises questions about succession.
A market commentator urges Nvidia to retain Jensen Huang as Dan Ives and Scott Colangelo defend his leadership.
Evercore ISI Group analyst Mark Lipacis downgrades NVIDIA (NASDAQ:NVDA) from Outperform to In-Line and lowers the price target from $465 to $186.
IonQ shows promise in the quantum computing industry with strong partnerships and trapped-ion technology advantages, but faces profitability challenges and high valuation concerns. The company's rapid revenue growth and falling price-to-sales ratio could drive stock appreciation over five years, though significant uncertainty and likely future capital raises present risks for investors.
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