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Analyst's Pessimistic Assessment: Jensen Huang's Departure Leaves Nvidia's Prospects Uncertain
9 hour ago /
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Author：小编
Wall Street analysts generally agree that Jensen Huang is invaluable to Nvidia shareholders. On the eve of Jensen Huang's departure, Citigroup analysts Atif Malik and Papa Sylla downgraded their target price overnight from $285 to $225, noting that Jensen Huang is central to the company's strategy, product vision, customer relationships, and investor confidence, and that a management change will exert uncertainty pressure on the stock price. Citi maintained its Buy rating on Nvidia, with the pre-market stock price at $163.
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