Wall Street analyst downgrades Nvidia stock amid lower Blackwell margins
NvidiaNvidia(US:NVDA) Finbold·2024-11-22 15:36

The share price of Nvidia (NASDAQ: NVDA) has received a rare downgrade, with analysts pointing to the chipmaker’s potentially tempered near-term margins.Specifically, Nvidia received a cautious downgrade from Phillip Securities, which revised its rating from ‘Buy’ to ‘Accumulate.’Investment management firm analyst Yik Ban Chong downgraded Nvidia despite its strong third-quarter performance for fiscal year 2025. However, the analyst expressed concerns over the lower initial gross margins anticipated for Nvid ...

Wall Street analyst downgrades Nvidia stock amid lower Blackwell margins - Reportify