Citigroup cut its price target on Nvidia to $225 from $285, marking the second consecutive downgrade of the chipmaker's shares. The revision follows an earlier reduction on November 10, when Citi lowered its target from $315 to $285.
The successive downgrades signal a more cautious stance from the Wall Street bank on Nvidia's near-term outlook amid shifting market expectations for the AI-driven semiconductor leader.
Citi Slashes Nvidia Price Target to $225 in Second Consecutive Downgrade
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