H.C. Wainwright upgrades CoreWeave to Buy on recent selloff

H.C. Wainwright upgraded CoreWeave (CRWV) to Buy from Neutral with an $180 price target The stock’s valuation “has sunk deep enough,” the analyst tells investors in a research note. H.C. Wainwright says CoreWeave is a leader in neocloud, “one of the most influential technology adoption cycles of our time.” The shares have sold off despite the company’s fundamentals improving, the firm contends.

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