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CoreWeave initiated with an Outperform at Oppenheimer

Oppenheimer initiated coverage of CoreWeave (CRWV) with an Outperform rating and $140 price target For the AI-focused cloud vendor, or “neo-cloud,” the firm looks beyond the current period of hyper-growth and heavy investment to a more mature stage in 2035 when growth is in line with GDP and FCF margins have normalized to greater than 25%, the analyst tells investors.

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