Cerebras Stock Slides as TD Cowen Cuts Target Below IPO Price
Photo: The Crypto Basic
Cerebras Systems (NASDAQ: CBRS) shares fell 3.46% to $116.48 in premarket trading Tuesday, extending losses one day after TD Cowen sharply cut its price target for the artificial intelligence chipmaker while maintaining a Buy rating. TD Cowen lowered its 12-month target to $175 from $275 in a research note issued before Monday's market open. Visit Website
Source: The Crypto Basic
