Melius Research cuts price targets for Nvidia and Marvell Technology

NVIDIA (NASDAQ:NVDA) Stock Price Target Lowered at Melius Research

NVIDIA (NASDAQ:NVDA – Get Free Report) had its price objective reduced by equities research analysts at Melius Research from $420.00 to $315.00 in a note issued to investors on Monday, Benzinga reports. The firm presently has a “buy” rating on the computer hardware maker’s stock. Melius Research‘s target price would indicate a potential upside of […]

Nvidia Stock Bounces 2% as Chip Rebound Follows Brutal Friday Rout, Even as Melius Slashes Price Target

Nvidia shares rose nearly 2% after a steep chip-sector sell-off, but concerns over Big Tech's AI spending and a lower analyst price target kept pressure on the stock.

Melius Research Cuts Nvidia Target to $315 and Marvell to $300

The Nvidia reduction was $105, or 25%. Marvell Technology’s target fell by $145, about 33%.

Melius Research cuts price targets for Nvidia and Marvell Technology

Melius Research lowered its Nvidia price target to $315 and Marvell Technology to $300. Here is what the cuts mean for AI chip investors.