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Nvidia stock jumped as much as 2.7% early Thursday as Wall Street analysts reiterated their Buy ratings on the stock despite concerns about rising competition and the possibility that artificial ...
Of the 63 sell-side analysts that cover Nvidia, 59 rate the stock a Buy or Strong Buy, Yahoo Finance data shows.The average price target stands at $160.38, about 13% above current levels. "We see ...
Nvidia stock fell nearly 5% Thursday on investor fears of a slowdown in artificial intelligence spending and potential delivery delays of its AI chips. Semiconductor stocks suffered across the board.
KeyBanc lowered its fiscal fourth quarter sales guidance for Nvidia to $37.7 billion from $40 billion and its earnings outlook to $0.83 per share from its prior guidance of $0.88 per share.
Quelling fears. Despite the beat, shares of Nvidia were off about 1% on Thursday and lagging the broader market. The stock was up by half a percentage point at the market close.
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Nvidia makes up a smaller share of the Dow because it is a price-weighted index, and Nvidia now has a lower stock price than the median component of the Dow. However, it could grow to have a ...
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