Vetr Crowd Downgrades Nvidia To Hold

The Vetr community on Wednesday downgraded NVIDIA Corporation NVDA from 3.5 stars (Buy) to 3 stars (Hold). Crowd confidence fell with the downgrade, with 56.4 percent of Vetr users giving the stock a Sell rating, 25.5 percent a Buy and 18.2 percent a Hold.

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At time of publication, Nvidia shares were up 1.7 percent at $245.48. The Vetr crowd’s aggregated target price of $250.39 implies a 2 percent upside, indicating an in-line to bullish outlook on the stock. Analysts outlook was more bullish and the 12-month price target consensus is currently at $250.