Argus initiates CoreWeave with Buy rating due to AI infrastructure demand

2 hours ago 1
Modern interior server room data center. Connection and cyber network in dark servers. Backup, mining, hosting, mainframe, farm, cloud and computer rack with storage information. 3D rendering

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Argus initiated its coverage on the hyperscaler CoreWeave (NASDAQ:CRWV) with a Buy rating due in part to its ability to take advantage of the searing demand for artificial intelligence infrastructure.

The research firm also set a $200 price target on the

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