Bank of America Keeps Buy Rating on CoreWeave, Maintains $140 Target
Bank of America stood by its Buy rating and $140 price target on CoreWeave after a sharp two-day selloff, citing a strong growth outlook despite financing concerns.
Bank of America is standing by CoreWeave NASDAQ:CRWV after a sharp two-day selloff, arguing that the AI infrastructure company's growth outlook remains strong enough to justify a premium valuation despite mounting concerns over financing.The bank kept its Buy rating and $140 price target on CoreWea…