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home / news releases / nvidia receives rare downgrade as new street sees it

TSM - Nvidia receives rare downgrade as New Street sees it fully valued

Taiwan Semiconductor Manufacturing Company Ltd.

2024-07-05 10:36:57 ET

"We downgrade the stock to Neutral today, as upside will only materialize in a bull case, in which the outlook beyond 2025 increases materially, and we do not have the conviction on this scenario playing out yet," said New Street analyst Pierre Ferragu in a report on Friday. ...

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Nvidia receives rare downgrade as New Street sees it fully valued
Stock Information
Company Name: Taiwan Semiconductor Manufacturing Company Ltd.
Stock Symbol: TSM
Market: NYSE
Website: tsmc.com
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