Core Scientific's stock (CORZ) rose 8% after HC Wainwright reiterated 'Buy' rating with $17 target.

From StockTwits: 2025-03-12 01:40:43

Core Scientific Inc. (CORZ) saw shares rise almost 8% after HC Wainwright analysts reiterated a ‘Buy’ rating with a $17 price target, implying a 97% upside. CoreWeave signed a $11.9 billion deal with OpenAI for AI infrastructure, with an additional $350 million stock placement at IPO. HC Wainwright believes this deal benefits Core Scientific, dismissing rumors of CoreWeave dropping them. Stocktwits sentiment remains ‘extremely bullish’ with high message volumes. Despite a 39% YTD drop, the stock has doubled in the past year. Analysts have mostly ‘Buy’ and ‘Outperform’ ratings, with an average price target of $19.50 for a 126% upside.



Read more at StockTwits: CORZ Stock Gains As HC Wainwright Reiterates Rating On CoreWeave’s $12B OpenAI Deal: Retail Stays Extremely Bullish