B · Normal
[Xiaomi reiterates CoreWeave's "overweight" rating: market concerns about debt are "overdone." The project IRR is higher than the cost of capital] On October 19, JPMorgan Chase reiterated its "overweight" rating on CoreWeave in a research report, admitting that CoreWeave's valuation multiple not only depends on its own fundamentals, but is also subject to investors' overall appetite for its data center debt; however, it believes that the current concerns are "overdone" relative to business fundamentals.
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