Nvidia price target lowered to $250 from $310 at Tigress Financial

Tigress Financial analyst Ivan Feinseth lowered the firm’s price target on Nvidia to $250 from $310 and keeps a Buy rating on the shares, citing a re-rating of valuation. His revised target represents a potential return of over 55% from current levels, noted Feinseth, who sees Nvidia’s "industry-leading" position in Artificial Intelligence and multiple new products and partnerships enabling it to overcome near-term headwinds and position it for a new business upcycle.