CoreWeave Bulls Should Brace For 'Wild, Lumpy, Volatile Ride,' JPMorgan Says

CoreWeave Inc. (NASDAQ:CRWV) is still one of the brightest stars in the AI infrastructure galaxy — but JPMorgan says the flight path just got turbulent. Analyst Mark R. Murphy trimmed his rating to Neutral with a $110 price target (from $135), warning that while CoreWeave's long-term opportunity remains "tremendous," investors should brace for what he calls a "wild, lumpy, volatile ride."Track CRWV stock here.The downgrade follows an eventful third quarter, during which backlog nearly doubled to a record $5 ...