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CoreWeave initiated with a Buy at Stifel

Stifel initiated coverage of CoreWeave (CRWV) with a Buy rating and $55 price target CoreWeave is a leading GPU-as-a-service provider with compute infrastructure purpose-built for artificial intelligence, the analyst tells investors in a research note. The firm views the company as a growth story and says ongoing execution positions it to capture increasing market share in an “exponentially growing critical market.”

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