H.C. Wainwright downgraded Core Scientific (CORZ) to Neutral from Buy without a price target following the company’s all-stock purchase by CoreWeave (CRWV) at roughly $20.40 per share. The firm cites the deal for the downgrade.
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Read More on CORZ:
- CoreWeave downgraded to Neutral from Outperform at Mizuho
- CoreWeave downgraded to Hold from Buy at Stifel
- M&A News: CoreWeave (CRWV) Stock Falls Despite $9B Core Scientific Acquisition—Will the Deal Pay Off?
- Core Scientific Inc Announces Merger with CoreWeave
- Core Scientific downgraded to Neutral from Buy at BTIG