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Nvidia, AMD, Marvell Targets Cut: Melius Pulls Back on AI Stocks as Big Tech Lines Up to Raise Cash
Source: benzinga.com
Analyst InsightsCompany Fundamentals
Melius Research reiterated its Buy rating on Nvidia but cut its price target to $315 per share from $420, a $105 reduction (25%). The report did not provide a share-price reaction or explain the reason for the lower target.
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