Goldman Sachs Upgrades CoreWeave to 'Buy'

Goldman Sachs upgraded CoreWeave's rating from 'neutral' to 'buy', with a price target set at $106. This upgrade is based on a favorable outlook for CoreWeave's growth, especially its expansion into the Indian data center market through a partnership with AdaniConneX. Despite concerns regarding the company's debt levels and interest expenses, the analyst expresses confidence in CoreWeave's long-term growth potential and demand for its computing services.