Northland analyst Nehal Chokshi raised the firm’s price target on CoreWeave (CRWV) to $85 from $80 and keeps an Outperform rating on the shares. The details of a $4B order from a “Large AI Enterprise” suggests demand is accelerating at improving margins, the analyst tells investors in a post-earnings note.
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Read More on CRWV:
- CoreWeave downgraded to Underperform from Neutral at DA Davidson
- DA Davidson cuts CoreWeave to Underperform, says ‘not a business worth scaling’
- CoreWeave price target raised to $70 from $46 at Mizuho
- CoreWeave price target raised to $75 from $55 at Stifel
- CoreWeave price target raised to $58 from $46 at Morgan Stanley