Nvidia Stock Hit By Analyst Price Target Cut
Nvidia (NVDA) slid lower on Monday after several analysts updated their coverage of the semiconductor company’s shares. That includes 4.5-star HSBC analyst Frank Lee cutting his price target for NVDA stock from $200 to $185 per share. This still represents a potential 36.12% upside but did shake investor confidence in Nvidia.
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Investors will note that Lee reiterated his Buy rating for Nvidia stock alongside that price target cut. This shows he remains bullish on the stock, just not as much as before. That makes sense as the company faces several potential headwinds in 2025.
What 2025 Holds for NVDA Stock
First up is the latest economic warnings that may affect Nvidia shares. Experts predict that a…
