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Why Bernstein Downgraded Nvidia Stock

Bloomberg Markets·November 12, 2026·1 min read

Bernstein Research downgraded Nvidia stock to market perform from outperform, slashing its price target to $200 from $400. Analyst Stacy Rasgon said the team has 'had enough,' citing fresh reports of CEO Jensen Huang's extramarital affairs. The downgrade follows similar moves by other firms, reflecting growing concerns about the company's outlook amid leadership distractions.

Read at Bloomberg Markets
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