Citi Cuts NVIDIA Price Target to $225 After $90 Reduction This Week

Citi lowered its price target for NVIDIA to $225 from $285 on Nov. 12, making a second reduction in the same week and taking $90 off its earlier $315 target.

The latest adjustment reduced the target by $60. Citi had cut it by $30 two days earlier, on Nov. 10, when the figure moved from $315 to $285.

The Nov. 10 target cut was the first change in the sequence. The new $225 level is $60 below the $285 target set then and $90 below the $315 starting point.

In total, Citi moved its target through two downward revisions: first to $285, then to $225. The second adjustment was twice the size of the first, accounting for $60 of the $90 cumulative reduction. The changes came on Nov. 10 and Nov. 12, respectively, making $225 the latest target after two reductions that week.