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Bank of America downgrades hot IPO and Nvidia derivative CoreWeave, citing valuation

CNBC: Investing

The firm downgraded CoreWeave to neutral from buy on Monday, but increased its price target to $185 per share from $76, which suggests shares could rise 26% from Friday's $147.19 " CoreWeave went public in late March. billion initial public offering raise marked the largest tech offering on Wall Street since 2021.

IPO
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SPACs: A Path to Public Markets That Shouldn’t Be Overlooked

MergersCorp M&A International

Yet, to dismiss them entirely would be to overlook their undeniable, and often unsung, benefits in democratizing access to public markets and fostering innovation. At their core, SPACs are shell corporations formed to raise capital via an initial public offering (IPO) with the sole purpose of acquiring an existing private company.

IPO
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Wall Street loves this recent IPO with one analyst calling it the ‘social network trading platform’

CNBC: Investing

Israel-based eToro went public on May 15 , with its initial public offering price at $52 per share, above the high end of its proposed range. The stock opened that day at $69.69, or 34% above its IPO, and closed up nearly 29% at $67 per share. Shares surged more than 5% on Monday to hit a fresh 52-week high.

IPO
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UK Corporate Briefing - August 2025

JD Supra: Mergers

In this month’s issue we discuss: Takeover Panel consultation and new practice statements The proposed amendments to the Takeover Code clarify how the mandatory offer requirements apply to a company with a dual class share structure when a shareholder’s percentage of voting is increased on certain trigger events.

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Trump Seeks to Sell Fannie Mae and Freddie Mac Shares to Public Investors

The New York Times: Banking

More than a decade after the government bailed out the mortgage giants, the Trump administration is looking for a partial stock-market exit.

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Analysts move to the sidelines on CoreWeave stock after big surge since IPO

CNBC: Investing

Stifel's $115 per share price target calls for about 28% downside from Monday's $159.70 Mizuho's $150 per share target implies a slide of about 6%, while Citi's $160 forecast is roughly 0.1% Its initial public offering earlier this year was the biggest technology IPO since 2021.

IPO
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This Chinese robotaxi stock can more than double as production ramps up, analysts say

CNBC: Investing

BofA analyst Ming Hsun Lee reiterated a buy rating on the Chinese autonomous vehicle stock in a July 10 note, alongside a $21 per share price target. Bank of America's Merrill Lynch unit and Goldman Sachs were the two lead underwriters on Pony AI's initial public offering at $13 a share last November.