Wells Fargo lowered Nvidia's price target to 300 USD, while maintaining an Overweight rating

Why it matters to readers

It reflects the adjustment of Wells Fargo’s price target for NVIDIA in the report, but the original text does not explain the reason for the adjustment nor provide the actual stock price reaction.

When reading, distinguish between the target price, rating, and actual stock price; the 300 USD here is the target price in the report, not the realized transaction price.