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Analysts Offer Insights on Technology Companies: CoreWeave (CRWV) and Karooooo (KARO)

Tipranks - Thu Jan 22, 12:16PM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on CoreWeave (CRWVResearch Report) and Karooooo (KAROResearch Report).

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CoreWeave (CRWV)

In a report released today, Gregg Moskowitz from Mizuho Securities maintained a Hold rating on CoreWeave, with a price target of $92.00. The company’s shares closed last Wednesday at $89.82.

According to TipRanks.com, Moskowitz is a 4-star analyst with an average return of 2.8% and a 52.5% success rate. Moskowitz covers the Technology sector, focusing on stocks such as Palantir Technologies, Rubrik, Inc. Class A, and CrowdStrike Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CoreWeave with a $121.95 average price target, which is a 27.8% upside from current levels. In a report issued on January 12, Barclays also maintained a Hold rating on the stock with a $90.00 price target.

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Karooooo (KARO)

In a report released today, Dylan Becker from William Blair maintained a Buy rating on Karooooo. The company’s shares closed last Wednesday at $44.20.

According to TipRanks.com, Becker is a 4-star analyst with an average return of 8.6% and a 51.8% success rate. Becker covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Clearwater Analytics Holdings, and The Descartes Systems Group. ;'>

Karooooo has an analyst consensus of Strong Buy, with a price target consensus of $57.50, which is a 18.9% upside from current levels. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $60.00 price target.

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