Analysts unveil new Nvidia price targets as key earnings report looms

News Snapshot:

Nvidia (NVDA) shares moved firmly lower in early Tuesday trading as analysts revealed a host of price target changes heading into the AI-chip maker's crucial fourth quarter earnings report after the close of trading Wednesday. Nvidia, now the market's third-largest stock in terms of market value behind Microsoft (MSFT) and Apple (AAPL) , could be the linchpin in the tech-focused Nasdaq's drive to reach a record this month, having risen more than 50% so far this year. However, the shares of Nvidia and Magnificent 7 peers Microsoft, Meta Platforms (META) and Amazon (AMZN) have contributed around 75% of the S&P...