Scalper1 News
Nvidia (NVDA) received a downgrade Monday from an analyst who is bullish about the chipmaker’s technology but concerned about the expiration of a six-year licensing deal with Intel. Goldman Sachs analyst James Covello in a research report today downgraded Nvidia to sell from neutral “ahead of a licensing cliff and slowdown in core markets.” He has a price target of 20 on the stock. Nvidia stock was down about 3%, near 23, in midday trading in the Scalper1 News
Scalper1 News