Deutsche Bank Recommends Buying CoreWeave on Dips, Maintains $150 Price Target
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Deutsche Bank recommends buying CoreWeave (CRWV) on dips, maintaining its "Buy" rating and a price target of $150, which corresponds to an upside potential of 128% from Wednesday's closing price. Despite CoreWeave's stock price dropping over 15%, the bank believes there are no fundamental factors within the company that could explain this sell-off. Analysts mentioned strong demand for AI infrastructure and CoreWeave's partnerships with Nvidia, Dell, Meta, and OpenAI.
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