Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Henry Khederian

CoreWeave (CRWV) Stock Is Surging Thursday: What's Driving The Action?

Shanghai,china-oct.21st,2024:,Coreweave,Company,Brand,Logo,On,Phone,Screen

Shares of AI infrastructure firm CoreWeave Inc (NASDAQ:CRWV) are soaring in Thursday morning trading after receiving a vote of confidence from Citigroup.

The bank upgraded the stock to Buy from a previous Neutral rating and announced a new price target of $160, suggesting substantial upside and providing a powerful counter-narrative to recent bearish sentiment.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.