Wall St Goes On Defense: CRWV Rallies After Goldman Says 'Buy', JPMorgan Upgrades INTC

Just hours after Goldman's credit desk crowned CoreWeave (CRWV) "the market's beta barometer" (Oct 19), Goldman's equity analysts decided the barometer is a buy.

In a note published at 7:36am ET this morning, analysts Gabriela Borges and Maura Hager upgraded CoreWeave from Neutral to Buy (available to pro subs), while simultaneously cutting their price target from $139 to $106. Since the stock closed Friday at $61.39, that still works out to 73% upside, which is what happens when a stock falls 43% since Q2 earnings (Aug 11) and 24% in the last five sessions alone. Here is how Goldman frames the call:

The 10% Solution