This AI play gets two price target increases ahead of earnings

CNBC Top News ·

This AI play gets two price target increases ahead of earnings

CoreWeave still looks attractive despite its recent rally, particularly as the company prepares to update investors on its pipeline of multibillion-dollar deals with its first-quarter earnings report …

CoreWeave still looks attractive despite its recent rally, particularly as the company prepares to update investors on its pipeline of multibillion-dollar deals with its first-quarter earnings report later this week, according to two firms on Wall Street. Bank of America, which has a buy rating on the cloud-computing name, raised its price objective on shares to $140 from $120. That new target suggests nearly 12% upside from Monday's close. …

Original source: CNBC Top News