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Argus Initie Coreweave with a purchase note due to AI (CRWV: Nasdaq) infrastructure demand

Mikhail Konoplev / Istoct via Getty Images

Argus initiated its cover on the Coreweave hyperscaler (Nasdaq: CRWV) with a purchase note due in part to its ability to benefit from the burning demand for artificial intelligence infrastructure.

The research company has also set a price target of $ 200 on the

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