CoreWeave (CRWV) Downgraded by DA Davidson Amid Expansion Financing
DA Davidson downgraded CoreWeave's stock from Buy to Neutral with a reduced price target of $100. The company secured a $3.1 billion loan facility for AI cloud expansion, marking the first publicly syndicated HPC infrastructure-backed financing vehicle.
Tickers: $CRWV
Topics: AI cloud platform funding CoreWeave CRWV DA Davidson downgrade