BTIG analyst Gregory Lewis upgraded Core Scientific (CORZ) to Buy from Neutral with a $23 price target The firm says the “dust settled” following Core Scientific’s shareholder rejection of its merger with CoreWeave (CRWV). Core Scientific has been one of the worst performing stocks that have a signed contract to convert at least some power infrastructure away from crypto mining to high performance compute, the analyst tells investors in a research note. BTIG expects the company to “hit the ground running” in 2026, securing additional HPC colocation contracts, saying power infrastructure for compute remains strong.
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