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via finance.yahoo.comMarkets

Rosenblatt cuts CoreWeave price target 36% ahead of earnings

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. CoreWeave (NASDAQ:CRWV) faces mounting Wall Street skepticism ahead of its November 10 earnings report after Rosenblatt Securities slashed its stock price target by 36%, citing rising financing costs. Despite lowering its target from…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe target cut on CoreWeave, tied to financing costs, weighs ahead of its earnings report.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Rosenblatt lowered its target from $250 to $160.
  2. 02Analyst John McPeake maintained a Buy rating.
  3. 03The concern centers on rising financing costs and debt.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
CoreWeave, Inc. Class A Common StockCRWVStock47.50 USD-1.00%today -3.02%Negative NVIDIA CorporationNVDAStock166.86 USD-0.49%today -6.61%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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