Nvidia Faces Bearish Call As Seaport Warns Of $250 Billion Balance Sheet Strain
Photo: Coinpedia
Seaport Research Partners’ Jay Goldberg has kept his Sell rating on Nvidia with a $180 price target, about 15% below Thursday’s $212 close, Barron’s reported. Nvidia shares fell 4.4% on Thursday amid renewed doubts over AI spending, then rose 1.3% in premarket trading on Friday. Goldberg said Nvidia should keep posting record sales in the near term but faces growing competition. He views its heavy use of financing deals as a response to that pressure.
Source: Coinpedia
