Morgan Stanley Cuts Nvidia Target to $267; Truist Moves Rating to Hold

Two Wall Street firms changed their Nvidia calls: Morgan Stanley cut its price target to $267 from $300 while keeping its Overweight rating, and Truist moved its rating to Hold from Buy.

Morgan Stanley’s target fell $33 while its rating remained unchanged. Truist changed Nvidia’s rating from Buy to Hold.

Goldman Sachs reaffirmed its Buy rating on CoreWeave. The bank said managed inference could deliver gross margins 10 to 20 percentage points above CoreWeave’s bare-metal compute business.