
Wall Street brokerages earlier this week began coverage of Nvidia-backed CoreWeave (CRWV.O) with broadly bullish views, although the stock has failed to gain traction with investors following a lackluster initial public offering and market debut.
Among the thirteen major brokerages covering CoreWeave’s shares, Needham and Stifel set the highest price target at $55, while Melius Research had the lowest at $40. The stock, which was priced at $40 in its