Jensen Huang-related investigation raises concerns, NVIDIA faces downgrading by Wall Street ratings agencies
2026-11-11 21:49:45
According to CoinMeta, the related investigation involving NVIDIA CEO Jensen Huang has raised concerns in the market, but Wall Street's attitude towards the company has begun to soften. Baird has downgraded NVIDIA to a "neutral" rating, while Morgan Stanley has removed it from its list of preferred stocks. Baird analyst Tristan Gerra stated that the firm will adopt a more cautious stance until the uncertainties surrounding potential actions by the U.S. government and upcoming congressional hearings are resolved, and has significantly lowered NVIDIA's target price from $500 to $200. The stock closed at $168.89 on Tuesday, representing a decline of about 10% over the past two trading days. Morgan Stanley analyst Joseph Moore noted that short-term uncertainties will continue, as Jensen Huang's leadership is crucial to the company's strategic direction.
Source:Jin10 Data
This content is for market information only and does not constitute investment advice.
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