{
  "id": 19530697,
  "title": "Nvidia Stock Just Had Its Price Target Slashed 60%. Others Still Say Buy. Who's Right?",
  "url": "https://urgent.news/2026/11/11/nvidia-stock-just-had-its-price-target-slashed-60-others-still-say",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-11T18:00:31.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/11/11/nvidia-stock-just-had-its-price-target-slashed-60-others-still-say-buy-who-s-right/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Wall Street remains split on the value of Nvidia (NVDA +4.56%), following CEO Jensen Huang's scandal. Baird recently downgraded the AI chipmaker to Neutral from Outperform and slashed its price target by 60%, from $500 to $200. Morgan Stanley, however, kept Nvidia on its list of top stock ideas, albeit removing it from its list of top picks due to a 25% drop rule. Both firms are around $100 a share apart on the world's leading AI company.\n\nNvidia's stock shrugged off both calls, surging nearly 5% to about $177 by midday Wednesday. This rally followed strong results from AI cloud company CoreWeave (CRWV +26.41%). Nevertheless, Nvidia is still 26% below its Oct. 6 record close of $239.24. Baird's concern lies not with today's demand but with next year. The firm pushed back its 2027 data center forecasts due to supply issues and a possible softening in demand from big cloud companies. Baird also cited uncertainty around Huang's tenure as supporting a Neutral rating.\n\nMorgan Stanley's move appears larger than it is, as the firm removed Nvidia from its top picks due to a rule that a top pick falling more than 25% from its day of nomination is automatically dropped. Nvidia was named on Oct. 2. Moore, the analyst, said there's no change to the firm's view of a strong and durable AI buildout.\n\nWells Fargo also has a $300 price target on Nvidia, trimming it by $15 on Tuesday. The bank expects Nvidia to report solid earnings, which may assuage concerns about the AI investment cycle's durability. The latest numbers show strong revenue growth, with Nvidia's revenue rising 106% to $96.2 billion in its most recent quarter, and data center sales reaching $89 billion.",
  "summary": "Baird downgraded Nvidia on Wednesday and cut its price target to $200. Morgan Stanley still sees the stock reaching $300, and others also remain bullish. Here's what each side is betting on and what investors should watch next week.",
  "key_points": [
    "Baird downgraded Nvidia to Neutral, slashing price target 60% from $500 to $200",
    "Morgan Stanley keeps Nvidia on top picks list despite 25% drop rule",
    "Nvidia surges 5% to $177 amid strong CoreWeave results and solid earnings"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Nvidia Stock Just Had Its Price Target Slashed 60%. Others Still Say Buy. Who's Right?",
        "url": "https://urgent.news/2026/11/11/nvidia-stock-just-had-its-price-target-slashed-60-others-still-say-19532961",
        "published": "2026-11-11T18:20:31.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}