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Why Bernstein Downgraded Nvidia Stock

Bloomberg Markets Thursday 12 November 2026, 03:34 UTC 1 min read
Key Points

Nov 12th, 2026 Why Bernstein Downgraded Nvidia Stock Stacy Rasgon, Managing Director and Senior Analyst at Bernstein Research, was asked why his team said in a note they’ve “had enough” before he discusses the outlook for Nvidia in the wake of fresh reports of CEO Jensen Huang’s extramarital affairs. Bernstein was the latest firm to downgrade the stock, cutting its rating to market perform from outperform while lowering its price target to $200 from $400.

Nov 12th, 2026 Why Bernstein Downgraded Nvidia Stock Stacy Rasgon, Managing Director and Senior Analyst at Bernstein Research, was asked why his team said in a note they’ve “had enough” before he discusses the outlook for Nvidia in the wake of fresh reports of CEO Jensen Huang’s extramarital affairs. Bernstein was the latest firm to downgrade the stock, cutting its rating to market perform from outperform while lowering its price target to $200 from $400.
Nvidia Stock Nov 12th (ORG) Nvidia Stock (ORG) Stacy Rasgon (PERSON) Bernstein Research (ORG) Nvidia (ORG) Jensen Huang’s (PERSON) Bernstein (PERSON)
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