Wall Street falls
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Jane Street has owned CoreWeave shares as far back as the first quarter, when the popular AI play went public. A SEC filing in May revealed the New York-based firm held about 9.4
H.C. Wainwright upgraded CoreWeave (CRWV) to Buy from Neutral with an $180 price target. The stock's valuation "has sunk deep enough," the analyst tells investors in a research note. Arete also upgraded CoreWeave to Buy from Neutral with an $180 price target.
Wall Street shares dropped on Wednesday, with a tech selloff extending into a second day, while a key meeting of central bankers later this week remained in focus for currency and rates traders.
Evercore ISI analyst David Raso upgraded the stock to Buy from Hold. He had it at Sell at the start of the year.
Wall Street fell further from its records. The S&P 500 lost 0.6% Tuesday, its third straight loss after setting its all-time high last week.
Wall Street's main indexes closed roughly flat on Monday, after struggling for direction while investors awaited a raft of corporate earnings reports from major retailers for more signs about the state of the economy and the Federal Reserve's annual symposium in Jackson Hole.
Church & Dwight has notably underperformed the broader market over the past year, yet analysts remain cautiously optimistic about the stock’s prospects.