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Banking giant updates this Nvidia stock price target by 104% upside
CoreWeave Inc-ACoreWeave Inc-A(US:CRWV) Finboldยท2025-08-11 13:43

American banking giant JPMorgan has raised its outlook on cloud computing firm CoreWeave (NASDAQ: CRWV), ahead of the company's quarterly earnings release on Tuesday. Analyst Mark Murphy doubled his price target to $135 from $66, maintaining an 'Overweight' rating, a 104% increase from the previous target. By press time, CRWV was trading at $136, up over 5%, bringing its year-to-date gains to 223%. He also pointed to the company's $11.9 billion, five-year deal with OpenAI for AI data centers as a major grow ...