CoreWeave's 290% Rally Raises Valuation Fears, Analyst Says 'Upside Has Been Priced In'

An analyst downgraded AI cloud-computing company CoreWeave Inc. CRWV on Monday based on valuation concerns after its shares soared following its March IPO.The CoreWeave Analyst: Bank of America analyst Brad Sills downgraded CoreWeave from Buy to Neutral and raised the price target from $76 to $185.Read Also: Will Rising Stars Circle, CoreWeave Perform Like Past IPO Winners Reddit, Astera Labs?The Analyst Takeaways: CoreWeave stock was downgraded due to overvaluation concerns, and Sills’s new investor note a ...