Core Scientific, Inc. (NASDAQ:CORZ) is a trending AI stock on Wall Street. Macquarie analyst Paul Golding reiterated a Neutral rating on the stock with a $15.00 price target. Revenue missed expectations due to the wind-down of Bitcoin mining operations, but high-performance computing business drove earnings beats. The pending merger with CoreWeave still awaits shareholder approval and regulatory clearances. Core Scientific has transitioned into an AI business, leveraging expertise in high-performance computing. For more on undervalued AI stocks, check out the free report on the best short-term AI stock. No disclosures.
Read more at Yahoo Finance: Macquarie Reiterates Neutral on Core Scientific (CORZ), Sets $15 Price Target
