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KBW initiates Core Scientific with Buy rating and $28 price target, signaling analyst confidence in neocloud recovery.
Wall Street re-rating of bitcoin-to-AI transition story; validates operational leverage on AI capacity pricing.
Trade pressSlicast · August 6, 2026 at 16:57 UTC · US · Source: Moomoo
importance 45KBW analyst Catherine Mealor has initiated coverage of Core Scientific (CORZ.US) with a buy rating and a price target of $28.
According to TipRanks data, Mealor has achieved a 76.2% success rate on her recommendations, with an average return of 14.5% over the past year. TipRanks measures analyst performance through a virtual portfolio based on their initial ratings; success rate reflects the percentage of recommendations that generated positive returns.