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Add as a preferred source on GoogleJPMorgan Cuts Nvidia Price Target by $105 to $215 From $320
The change came after Nvidia shares posted sharp moves over three sessions, including a 2.6% gain Nov. 11.
JPMorgan lowered its price target for Nvidia to $215 from $320 on Nov. 12, cutting its estimate by $105 as the chipmaker’s shares moved sharply over the prior three trading sessions.
Nvidia shares fell 8.4% at the U.S. market open Nov. 9 and were down 3.17% in early trading Nov. 10. They rose 2.6% Nov. 11, rebounding after two consecutive sessions of losses.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.