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Morgan Stanley Cuts CoreWeave Price Target to $70, Lifts Two Others

The bank’s Western Digital target is $668 and Spotify’s is $700, against earlier marks of $643 and $640.

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The Morgan Stanley headquarters rises above pedestrians along Broadway in Manhattan, New York. / EconoTimes.ai
The Morgan Stanley headquarters rises above pedestrians along Broadway in Manhattan, New York. / EconoTimes.ai

Morgan Stanley changed its benchmarks for three stocks Friday, Oct. 23, trimming CoreWeave’s figure and lifting those for Western Digital and Spotify in a split set of revisions.

CoreWeave’s new mark stands at $70, against the earlier $99. Western Digital’s benchmark is $668, with $643 previously; Spotify’s is $700, versus an earlier $640.

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