The Zhitong Finance App learned that after Nvidia (NVDA.US) announced the resignation of Huang Renxun as CEO and director, Bernstein, a well-known Wall Street investment bank, released the latest research report saying that although Nvidia's current stock valuation is at a very attractive level, and management changes are not expected to have a clear impact on the company's short-term business, there is still considerable uncertainty about subsequent developments and whether the new CEO can continue the business strategy under Wong In-hoon's leadership. As a result, the bank maintains Nvidia's “in sync with the market” rating and a target price of $200.
Zhitongcaijing · 1d ago
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The Zhitong Finance App learned that after Nvidia (NVDA.US) announced the resignation of Huang Renxun as CEO and director, Bernstein, a well-known Wall Street investment bank, released the latest research report saying that although Nvidia's current stock valuation is at a very attractive level, and management changes are not expected to have a clear impact on the company's short-term business, there is still considerable uncertainty about subsequent developments and whether the new CEO can continue the business strategy under Wong In-hoon's leadership. As a result, the bank maintains Nvidia's “in sync with the market” rating and a target price of $200.
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