US Stock Market Move | CoreWeave (CRWV.US) rose more than 8% as Citigroup upgraded its rating to "buy."

On Thursday, CoreWeave (CRWV.US) stock price rose, as of the time of writing, the stock price increased by over 8% to $119.95. On the news front, Citigroup upgraded CoreWeave's rating from "neutral" to "buy" with a target price of $160, citing strong performance in Microsoft Corporation's financial reports. The bank pointed out that CoreWeave's existing long-term contracts with Microsoft Corporation, OpenAI, and other companies will drive revenue growth.