Compass Point Initiates CoreWeave (CRWV) at Buy, Citing Strong AI Infrastructure Demand

CoreWeave, Inc. (NASDAQ:CRWV) is one of the AI Stocks Investors Are Watching. On November 13, Compass Point started coverage on the stock with a Buy rating and a $150 price target. The firm is bullish on the stock as it sees a durable growth profile for CoreWeave driven by a boost in AI-driven data center spending and secured contracts from blue-chip clients. According to analyst Michael Donovan, the rising tide of investment in AI infrastructure not only offers a massive tailwind for the company but als ...