Piper Sandler names CoreWeave top pick in ’megawatt’ AI infrastructure race
Investing.com reports CoreWeave shares rose 19% after Big Tech results boosted AI infrastructure sentiment. Piper Sandler initiated coverage of CoreWeave with an Overweight rating and $151 price target, and Nebius Group with a Neutral rating and $224 target, citing Megawatt Mania AI compute growth and lower costs versus hyperscalers.
