Morgan Stanley Lowers Nvidia Price Target Amid AI …
From Financial Modeling Prep: 2025-01-29 05:23:43
Morgan Stanley lowers Nvidia’s price target to $152 due to AI efficiency concerns and DeepSeek’s impact. Valuation multiple reduced to 32x. Blackwell GPUs anticipated for 2024. Industry sentiment positive despite short-term challenges. Investors advised to monitor analyst price targets and AI industry trends for insights. Nvidia’s long-term AI prospects remain strong.
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