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UBS Rating History Shows $120 CoreWeave Target Above Two October Targets

Goldman Sachs' target was $106 after a rating upgrade; Morgan Stanley's stood at $70, compared with earlier levels of $139 and $99.

Updated 1 min read
An office building stands on West Mt. Pleasant Avenue in Livingston, New Jersey. / TokenPost.ai (mono)
An office building stands on West Mt. Pleasant Avenue in Livingston, New Jersey. / TokenPost.ai (mono)

CoreWeave received October targets of $106 from Goldman Sachs and $70 from Morgan Stanley, both below UBS’s Sept. 22 $120 figure for the AI infrastructure company.

UBS’s public rating history pairs a Buy rating with the $120 target in a Sept. 22 entry. The history contains no Oct. 23 entry that revises the figure.

Goldman Sachs moved CoreWeave to Buy from Neutral on Oct. 19, setting a $106 target that was $33 below its previous level, in a rating change covered earlier by EconoTimes.

Morgan Stanley set its target at $70 on Oct. 23, a $29 reduction from $99, as EconoTimes also reported. The two October targets were $14 and $50 below UBS’s figure, respectively.

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