BofA lowered the firm’s price target on CoreWeave (CRWV) to $140 from $168 and keeps a Neutral rating on the shares. While noting that the company lowered the FY25 outlook by $150M to $5.10B, the firm says the delta was driven by a supply constraint that it views as fixable by Q1.
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Read More on CRWV:
- CoreWeave price target lowered to $160 from $175 at Evercore ISI
- CoreWeave price target lowered to $140 from $165 at Melius Research
- CoreWeave’s Revenue Growth and Revised Outlook Lead to Hold Rating Amid Data Center Delays and CapEx Adjustments
- CoreWeave price target lowered to $155 from $180 at Jefferies
- JPMorgan downgrades CoreWeave on supply chain pressures