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Bernstein Downgrades NVIDIA to Market Perform, Halves TP to USD200
2026-11-12 14:40:10
Bernstein issued a report downgrading NVIDIA (NVDA.US) from Outperform to Market Perform, while halving its TP from USD400 to USD200.

Analysts including Stacy Rasgon wrote that the firm acknowledged having struggled enormously in making this judgment, and also understood the "buy on dips" argument.

However, their intuition suggested that the underlying issues may not yet be fully understood. They added that they had had enough and would rather stay on the sidelines and observe for now.
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AASTOCKS Financial News
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