CoreWeave (CRWV) shareholders have watched a rough stretch.
The stock fell about 17% over the past week as investors reacted to the company's plan to spend far more on data centers than expected.
That kind of spending scares people who want profits now, not years from now.
Shares recently traded near $86, down sharply from where they sat earlier in the month. But one ***** yst looked at the same numbers and reached the opposite conclusion.
Truist Securities thinks CoreWeave could nearly double from here. The firm sees a specific reason why the recent sell-off creates an opening rather than a warning.
#coreweave #shares #shareholders #stretch
The stock fell about 17% over the past week as investors reacted to the company's plan to spend far more on data centers than expected.
That kind of spending scares people who want profits now, not years from now.
Shares recently traded near $86, down sharply from where they sat earlier in the month. But one ***** yst looked at the same numbers and reached the opposite conclusion.
Truist Securities thinks CoreWeave could nearly double from here. The firm sees a specific reason why the recent sell-off creates an opening rather than a warning.
#coreweave #shares #shareholders #stretch
2 months ago
