Analyst: AI Advantage Makes CoreWeave Stock a 'Buy'

BofA Global Research reinstated its coverage of CoreWeave Inc (NASDAQ:CRWV) stock this morning with a "buy" rating, and set its price objective at $100. The analyst in coverage said the cloud computing concern is well positioned to benefit from recent developments to AI infrastructure, amid strong demand and its proprietary software that is optimized for AI workloads.CRWV is down 0.7% to trade at $81.39 at last glance, however, erasing is premarket lead amid broader market headwinds. The shares have lingere ...