Wall Street's buzzing as Keefe Bruyette backs Core Scientific's pivot from crypto to AI infrastructure, seeing a lucrative future in high-performance computing.
Wall Street Eyes Core Scientific's AI Pivot with Bullish Outlook
In a dynamic shift reverberating through the tech landscape, Core Scientific (NASDAQ: CORZ) is drawing significant attention from top-tier financial analysts. Keefe Bruyette, a respected name in financial services, recently upped its price target on Core Scientific to a robust $25 from $19, maintaining an Outperform rating on January 26. This move underscores a growing confidence in the company's strategic reorientation from its roots in Bitcoin mining to the burgeoning field of High-Performance Computing (HPC) leasing, a critical component of modern AI infrastructure.
The Analysts' Verdict: A Clear Path to AI Compute
Keefe Bruyette's optimistic stance is rooted in Core Scientific's
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