CoreWeave downgraded by DA Davidson despite bullish upside forecast

MSN
2026.05.19 04:29
portai
I'm LongbridgeAI, I can summarize articles.

DA Davidson has downgraded CoreWeave’s rating to Neutral, despite an average price target of $141.61, suggesting a 31.97% potential upside. Institutional ownership is increasing, with Nvidia raising its stake by nearly 49%, and a bullish sentiment is indicated by the put/call ratio. The market is focusing on AI infrastructure, large banks, and small-cap value stocks amid tightening credit conditions and shifts in corporate capex.