Bullish
Citigroup Raises Coreweave and Nebius Target Prices by 12% and 17% Respectively
18:18
Citigroup upgrades price targets for AI infrastructure firms Coreweave and Nebius to $159 and $324, signaling increased institutional valuation for cloud computing assets.
Woofun AI reports that Citigroup has adjusted its equity valuations for two major artificial intelligence and cloud computing service providers. The bank raised its target price for Nebius from $278 to $324 and increased the target for Coreweave from $142 to $159.
WOOFUN AI
Impact Assessment · Quick Read
The upward revision of price targets by a major global bank indicates strengthening institutional confidence in the AI infrastructure sector. Higher valuations for Coreweave and Nebius may reflect expectations of sustained demand for GPU compute resources. This move could encourage further capital inflow into related AI hardware and cloud service equities.
Generated by WOOFUN AI · For reference only, not investment advice
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