- Analyst Romit Shah considers overall view to be underappreciating a gaming slowdown and consequent prospective negative affect to multiple.
- Suggests profit taking and a rotation into Buy-rated Intel (NASDAQ:INTC).
- Nvidia (NASDAQ:NVDA) price target from $100 to $90 (current price $108.07).
Nvidia -2.4% after hours, downgraded from Buy to Reduce at Instinet
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| Symbol | Last Price | % Chg |
|---|---|---|
| INTC | - | - |
| Intel Corporation | ||