Nvidia Stock Slides 3.3% After Stifel Lifts $315 Target Following Q2 Results
Nvidia shares fell about 3.3% after rising sharply the prior session, as Stifel boosted its price target to $315 from $282 following the firm’s fiscal second-quarter report. The company reported revenue of $96.2 billion, more than doubling, with data centers generating $89 billion. The Thursday rally added roughly $441.5 billion in market value before Friday’s decline erased about $180 billion.