Analyst Rating Divergence: DA Davidson Downgrade vs BofA/Deutsche Bank Upgrades

DA Davidson downgraded CRWV to Neutral/PT $100 on May 18 (from Buy/$175) citing valuation caution amid capex/debt. Contrasts with BofA raising PT to $140 (Buy) on AI demand and $99.4B backlog, Deutsche Bank reiterating Buy/$135, GF Securities initiating Buy/$162, and 24/7 Wall St. setting a $165.77 target. This sharp reversal signals near-term caution despite strong backlog. PT dispersion ranges from $100 to $165.77, reflecting uncertainty on margin and competitive threats. Recent articles also cite Citi $158 and Northland $165 targets.