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Morgan Stanley Cuts CoreWeave Target to $70, Raises Two Others

The firm lowered CoreWeave’s target from $99 on Oct. 23 and increased its targets for Western Digital and Spotify.

Three metal markers sit at varied heights on a charcoal surface / TokenPost.ai
Three metal markers sit at varied heights on a charcoal surface / TokenPost.ai

Morgan Stanley lowered its price target for CoreWeave to $70 from $99 on Oct. 23, while raising its targets for Western Digital and Spotify.

The firm increased its Western Digital target to $668 from $643 and its Spotify target to $700 from $640. The revisions were mixed: CoreWeave’s target fell, while the other two rose.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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