WhiteFiber initiated with a Buy at Clear Street

Clear Street analyst Brian Dobson initiated coverage of WhiteFiber (WYFI) with a Buy rating and $26 price target The firm says the company offers a a pure-play artificial intelligence infrastructure platform. WhiteFiber should see accelerating revenue and EBITDA growth from contracted Tier-3 high performance compute data centers and GPU cloud services, the analyst tells investors in a research note.