---
title: "This Cerebras Systems Analyst Begins Coverage On A Bullish Note; Here Are Top 3 Initiations For Monday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289056178.md"
description: "Needham analyst N. Quinn Bolton initiated coverage on Cerebras Systems (NASDAQ: CBRS) with a Buy rating and a $300 price target, noting the stock closed at $201.01. Additionally, Baird's Ben Kallo initiated Fervo Energy (FRVO) with an Outperform rating and a $47 target, while HC Wainwright's Sara Nik initiated Tvardi Therapeutics (TVRD) with a Buy rating and a $9 target."
datetime: "2026-06-08T12:07:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289056178.md)
  - [en](https://longbridge.com/en/news/289056178.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289056178.md)
---

# This Cerebras Systems Analyst Begins Coverage On A Bullish Note; Here Are Top 3 Initiations For Monday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

-   Baird analyst Ben Kallo initiated coverage on **Fervo Energy** (NASDAQ:FRVO) with an Outperform rating and announced a price target of $47. Fervo Energy shares closed at $37.22 on Friday. See how other analysts view this stock.
-   HC Wainwright & Co. analyst Sara Nik initiated coverage on **Tvardi Therapeutics Inc** (NASDAQ:TVRD) with a Buy rating and announced a price target of $9. Tvardi Therapeutics shares closed at $2.89 on Friday. See how other analysts view this stock.
-   Needham analyst N. Quinn Bolton initiated coverage on **Cerebras Systems Inc** (NASDAQ:CBRS) with a Buy rating and announced a price target of $300. Cerebras Systems shares closed at $201.01 on Friday. See how other analysts view this stock.

Considering buying CBRS stock? Here’s what analysts think:

_Photo via Shutterstock_

### Related Stocks

- [CBRS.US](https://longbridge.com/en/quote/CBRS.US.md)
- [TVRD.US](https://longbridge.com/en/quote/TVRD.US.md)
- [FRVO.US](https://longbridge.com/en/quote/FRVO.US.md)

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