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This company is becoming 'the neocloud of choice for the frontier labs': analyst

April 14, 2026 5:00 PM EDT

In a note to clients, DA Davidson highlighted the stock it believes is becoming the neocloud of choice for the frontier labs, raising the price target to $175 from $125 and reiterating a buy rating.

The firm argues that for CoreWeave (NASDAQ: CRWV), a string of high-profile contract wins with frontier artificial intelligence labs positions the cloud computing company as the dominant... More