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Wall Street Analysts Are Neutral on Top Technology Picks

Analysts fell to the sidelines weighing in on CoreWeave, Inc. Class A (CRWVResearch Report) and ViaSat (VSATResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

CoreWeave, Inc. Class A (CRWV)

CoreWeave, Inc. Class A received a Hold rating and a $100.00 price target from Barclays analyst Raimo Lenschow today. The company’s shares closed last Friday at $102.74, close to its 52-week high of $116.54.

According to TipRanks.com, Lenschow is a 5-star analyst with an average return of 9.6% and a 59.0% success rate. Lenschow covers the Technology sector, focusing on stocks such as The Descartes Systems Group, DoubleVerify Holdings, and DigitalOcean Holdings.

CoreWeave, Inc. Class A has an analyst consensus of Moderate Buy, with a price target consensus of $47.42, a -51.6% downside from current levels. In a report issued on May 22, Citizens JMP also initiated coverage with a Hold rating on the stock.

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ViaSat (VSAT)

Barclays analyst Mathieu Robilliard maintained a Hold rating on ViaSat today and set a price target of $10.00. The company’s shares closed last Friday at $9.15, close to its 52-week low of $6.69.

According to TipRanks.com, Robilliard is a 4-star analyst with an average return of 2.3% and a 55.8% success rate. Robilliard covers the NA sector, focusing on stocks such as Millicom International Cellular SA, Iridium Communications, and Telefonica Brasil.

ViaSat has an analyst consensus of Moderate Buy, with a price target consensus of $14.33, implying a 46.1% upside from current levels. In a report issued on May 19, Cantor Fitzgerald also maintained a Hold rating on the stock with a $12.00 price target.

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