Wall Street Slashes $NVDA Price Targets by an Average of 37% Following Jensen Huang's Resignation

Wall Street analysts sharply reduced their price targets on Nvidia ($NVDA) following the resignation of CEO Jensen Huang.
Across 11 brokerage firms, price targets were cut by an average of 37%, led by Baird and Evercore, which both lowered their targets by 60%.
The consensus target among the group dropped to $223 from $366, compared with the stock's current trading level of $159.