Concerns Over Nvidia's Valuation Lead to Rare Downgrade by Wall Street Analyst

Friday, 5 July 2024, 13:46

Nvidia receives a rare Wall Street downgrade due to concerns over the company's valuation, following a significant rally in June. New Street raises the alarm on Nvidia's shares, citing potential risks and overvaluation in the current market. The downgrade highlights investor apprehensions about Nvidia's stock performance amidst increasing scrutiny and market fluctuations.
CNBC
Concerns Over Nvidia's Valuation Lead to Rare Downgrade by Wall Street Analyst

Nvidia Faces Wall Street Downgrade Over Valuation Worries

New Street is raising the alarm on shares of Nvidia after the AI chip giant's June rally.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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