This article first appeared on GuruFocus.

Nvidia (NASDAQ:NVDA) shares fell about 3% in Tuesday morning trading after Citi lowered its price target on the chipmaker, citing several issues investors are likely to focus on.

Analyst Atif Malik kept a Buy rating but cut his target to $285 from $315. He said he expects a modest earnings-per-share beat on results and guidance, with higher sales offset by lower gross margins tied to rising high-bandwidth memory prices.

Malik said Nvidia will likely reiterate its prior outlook for 70% year-over-year revenue growth in fiscal 2028. He identified four topics likely to dominate investor questions.

Those include order…