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CoreWeave (CRWV) Stock Upgrade: Riding the Wave of Soaring Cloud Demand

CoreWeave, Inc. (NASDAQ:CRWV) is one of the AI Stocks Every Investor Should Watch. On September 23, Melius analyst Ben Reitzer upgraded the stock from Hold to Buy with a price target of $165.00. The rating upgrade reflects the firm’s positive outlook on the stock as “one of the beneficiaries of accelerating cloud demand both right now and well into the future.” With Nvidia backing OpenAI, the firm believes that it has better chances of funding its capex plans with everyone else too- benefiting suppliers ...