Revenue is expected to see a "significant" upward revision, Deutsche Bank gives CoreWeave a "Buy" rating
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Deutsche Bank expects CoreWeave to see significant revenue upgrades, assigning it a "Buy" rating. Analyst Brad Zelnick noted that revenue and remaining performance obligations will rise significantly in the next one to two quarters, despite long-term uncertainties in the artificial intelligence sector. CoreWeave has established partnerships with companies such as OpenAI, Microsoft, Meta, and NVIDIA, and is expected to benefit from the launch of new computing resources in the next 12 to 18 months
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