Rothschild & Co. Redburn starts Nebius and CoreWeave with Sell
Rothschild & Co. Redburn initiated Sell ratings for Nebius (NBIS) and CoreWeave (CRWV), citing credit markets pricing risks equities have not. The firm set $84 price target on Nebius and $54 on CoreWeave; shares were up intraday.
21% after Rothschild & Co. Redburn started both neoclouds with Sell ratings, saying credit markets are pricing in risks that equities still are not. The firm assigned an $84 price target to Nebius and a $54 target to CoreWeave.