Weekly Recap | NVIDIA -1.48%, most brokers rate it buy
Weekly Review·
- Nvidia closed the week at $210.96, marking a cumulative decline of 1.48 % while underperforming the S&P 500 index.
- The weekly decline was driven by market repricing of AI infrastructure costs, despite 49 out of 63 tracked institutions maintaining buy ratings.
- Nvidia holds a consensus target price of $328.95, reflecting strong long-term institutional backing amid short-term sentiment pressures.