Citi lowered Nvidia’s stock price target from $175 to $163 but still recommends buying.
The firm is worried about AI growth slowing down and less spending on AI infrastructure.
Nvidia’s earnings report is on Feb. 26.
Citi expects sales of ~$38 billion in January and ~$42.5 billion in April.
Nvidia’s new Blackwell chips may boost sales later this year.
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