Yorkville remains bullish on Nvidia long term despite Huang’s resignation https://www.tipranks.com/news/the-fly/yorkville-remains-bullish-on-nvidia-long-term-despite-huangs-resignation-thefly-news · TipRanks TipRanks Thu, November 12, 2026 at 5:35 PM EST NVDA -3.99% Trade NVIDIA on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Yorkville Ives says Nvidia's (NVDA) board naming CFO Colette Kress interim CEO after Jensen Huang's resignation validates the firm's earlier view that the company should be valued without Huang at the helm. Yorkville had already cut its price target on Nvidia to $225 from $300 ahead of the announcement, while maintaining an Outperform rating on the shares. The firm expects shares to remain under pressure in the near term, but remains bullish on Nvidia's long-term outlook, pointing to its leadership in AI chips, what it views as an attractive valuation, and confidence in Kress' leadership. Yorkville added that the board could also consider external CEO candidates as part of its search for a permanent successor.
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