UBS sticks with Buy on Cerebras at $155 as customer list widens beyond OpenAI

Poin penting

• UBS has maintained its Buy rating on AI chipmaker Cerebras, keeping its target price at $155.
• The decision comes as Cerebras successfully expands its client portfolio, diversifying beyond OpenAI.
• This growing customer base helps minimize revenue dependency on a single major client, which may support overall financial stability and bolster long-term market confidence in the company.

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