BWS Financial analyst Hamed Khorsand says CoreWeave’s registration statement with the Securities and Exchange Commission underscores the valuation disconnect between Nebius Group (NBIS) and CoreWeave. The filing should bolster investor understanding between CoreWeave and Nebius and how there are several added risks in owning CoreWeave that do not exist with Nebius, the analyst tells investors in a research note. BWS believes the “current market dynamics should not erode the longer term value” in Nebius shares being worth at least $60. The firm keeps a Buy rating on the name with a $60 price target
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