Wells sees Huang resignation as step closer to clearing event for Nvidia shares https://www.tipranks.com/news/the-fly/wells-sees-huang-resignation-as-step-closer-to-clearing-event-for-nvidia-shares-thefly-news · TipRanks TipRanks Fri, November 13, 2026 at 3:45 PM EST NVDA -2.08% 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.
Wells Fargo views Jensen Huang's resignation as a step closer to a clearing event for Nvidia (NVDA) shares, though the firm sees the investigation regarding potential national security concerns remaining a risk. That said, Wells sees little risk to demand destruction and remain confident in estimates. The firm has an Overweight rating on the shares with a price target of $300.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Get 75% Off TipRanks Premium and unlock powerful investing tools to make smarter, more confident investment decisions
Buy Nvidia Stock 'With Both Hands,' Says Analyst as Valuation Drops to 'Stupid' Levels
Nvidia Sees Record $111M Retail Buying as Investors Bet on Earnings Recovery
China AI projects in peril after Nvidia CEO exit, US scrutiny, Reuters says
Today's Wholesale Price Report Could Tip the Fed Toward a Half-Point Hike
South Korean Startup DeepX Investing Over $100M in New Robotics AI Chip