CoreWeave Stock Jumps on Upgrade. Why Citi Analyst Says Buy. - Barron's
1. CRWV stock upgraded to Buy by Citi Research from Neutral. 2. Citi maintains a price target of $160 with 56% upside. 3. Microsoft's strong earnings fueled confidence in AI demand for CRWV. 4. 72% of CoreWeave's revenue relies on Microsoft, indicating customer risk. 5. Despite recent drops, AI demand signals a potential recovery for CRWV.