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Bank of America downgrade Flash News List | Blockchain.News
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List of Flash News about Bank of America downgrade

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2025-06-16
12:07
CoreWeave $CRWV Downgraded to Neutral by Bank of America After 145% Run, Price Target Raised to $185 – Crypto Market Outlook

According to Bank of America analyst Brad Sills, CoreWeave ($CRWV) has been downgraded to 'Neutral' from 'Buy' with a new price target of $185, up from $76, after the stock surged 145% following Q1 results (source: Bank of America via Twitter). Sills states that most near-term upside is already reflected at current levels. Crypto traders should monitor $CRWV price action, as CoreWeave's cloud and AI infrastructure are closely linked to blockchain and cryptocurrency mining demand. Any shift in sentiment around $CRWV could signal broader trends for GPU-reliant crypto markets.

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