Bernstein halves Nvidia target to $200, the 3rd broker in 2 days to step back over Huang
AI-generated summary Bernstein downgraded Nvidia to Market Perform from Outperform and halved its price target to $200 from $400 amid uncertainty over chief executive Jensen Huang. Analyst Stacy Rasgon stated that the decision reflects leadership concerns rather than weak chip sales or lower underlying artificial intelligence demand.