‘A dark day for Nvidia’: Here’s what analysts are saying as markets brace for news on Huang’s fate

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Nvidia investors were awaiting a board decision on the future of chief executive Jensen Huang after new reports about his extramarital affairs and his relationship with a presumed Chinese spy. Six analysts downgraded their ratings or price targets between Wednesday night and Thursday morning, citing governance concerns, succession risks and geopolitical uncertainty. The stock has fallen 7% this week, after declines of 4.3% on Monday and 5.5% on Tuesday, followed by a 2.9% rebound on Wednesday and a roughly 5.4% drop in Thursday premarket trading. Views remain divided: Citi retained its buy rating with a $225 target, while Melius, Evercore, William Blair, Oppenheimer, Bernstein and KeyBanc lowered their assessments; Dan Ives values Nvidia at $300 per share with Huang and $225 without him.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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