Cantor Fitzgerald Raises Core Scientific (CORZ) PT to $26 on Potential CoreWeave Deal Rejection and Standalone HPC Value

Core Scientific Inc. (NASDAQ:CORZ) is one of the hot tech stocks to buy according to Wall Street analysts. On October 24, Cantor Fitzgerald analyst Brett Knoblauch raised the firm’s price target on Core Scientific to $26 from $18 and kept an Overweight rating on the shares. Knoblauch informed investors that, as shareholders prepare to vote on the proposed acquisition by CoreWeave Inc. (NASDAQ:CRWV), the firm sees two potential scenarios if the deal is voted down: either CoreWeave returns to the negotiation ...