CoreWeave Stock Climbs on Rare D.A. Davidson Upgrade

Shares of IT name CoreWeave Inc (NASDAQ:CRWV) are up 1.3% to trade at $80.31, after an upgrade from D.A. Davidson to "neutral" from "underperform." The analyst also hiked its price target to $68 from $36, citing the company's recent cloud computing deals, which have raised a significant value of $22.4 billion. This brokerage is famously skeptical toward CoreWeave stock, making today's upgrade even more noteworthy.CRWV snapped a six-day losing streak on Friday. Despite sporting a nine-month lead of 61%, the ...