The market is giving up most of its yesterday’s gains today and big names in technology are leading the slide. Here are the biggest tech decliners today
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NVIDIA Corp (NASDAQ:NVDA)
The chipmaker is down as gyrating currency markets continue to exact a toll.
The street still sees a 69.85% potential upside with a $207.13 price target but remains cautious with a Moderate Buy consensus rating for NVDA stock.
Tesla (NASDAQ:TSLA)
Tesla’s AI day tomorrow will be keenly watched. Further, Optimus and updates on driving software could be the harbingers of the things to come.
The Street though remains cautious with a Moderate Buy consensus rating alongside a $311.21 average price target. This implies a 14.06% potential upside for TSLA stock.
Apple (NASDAQ:AAPL)
The iPhone maker continues to slide from its August highs and a downgrade from BofA seems to be further weighing on investor sentiment.
Overall though, analysts are maintaining a Strong Buy consensus rating on AAPL stock alongside a $183.89 average price target indicating a 28.19% potential upside.
Amazon (NASDAQ:AMZN)
Amazon’s proposed iRobot (IRBT) acquisition could be blocked and the deal is being reviewed by the Federal Trade Commission.
Overall, the Street has a Strong Buy consensus rating on Amazon stock alongside an average price target of $172.67 which still implies a 51.46% potential upside for the stock.
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