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The Zhitong Finance App learned that the Nvidia (NVDA.US) founder era has officially come to an end. Goldman Sachs James Schneider's team published a review on the same day, characterizing this change as a “significant but restrained negative” for stock prices, which unfolded from three dimensions. Despite being qualitatively negative, Goldman Sachs maintained a “buy” rating, but drastically lowered its 12-month target price from $300 to $220.
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The Zhitong Finance App learned that the Nvidia (NVDA.US) founder era has officially come to an end. Goldman Sachs James Schneider's team published a review on the same day, characterizing this change as a “significant but restrained negative” for stock prices, which unfolded from three dimensions. Despite being qualitatively negative, Goldman Sachs maintained a “buy” rating, but drastically lowered its 12-month target price from $300 to $220.
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