Wall Street Brokerages Launch Bullish Coverage of CoreWeave Despite Lackluster Market Debut
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Wall Street Brokerages Launch Bullish Coverage of CoreWeave Despite Lackluster Market Debut
Wall Street brokerages kicked off coverage of Nvidia-backed CoreWeave (CRWV.O) earlier this week with broadly optimistic views, though the stock has struggled to gain traction following a muted initial public offering and market debut. Among the 13 major firms initiating coverage, Needham and Stifel posted the highest price targets at $55, while Melius Research set the lowest at $40. Despite an IPO pricing at $40, CoreWeave shares were last up 6…
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