Morgan Stanley Maintains 'Equal Weight' Rating on CoreWeave (CRWV) Before Earnings

Reported 1 day ago

Morgan Stanley has reaffirmed its 'Equal Weight' rating for CoreWeave (NASDAQ: CRWV) as the company approaches its earnings report in November. The firm expresses caution, acknowledging a strong possibility of exceeding guidance and consensus, but highlights challenges in meeting investor expectations. CoreWeave, a provider of cloud equipment for AI and computing, is recognized for its potential, although Morgan Stanley suggests other AI stocks may present better investment opportunities.

Source: YAHOO

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