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Bank of America (BAC) analyst Brad Sills downgraded CoreWeave (CRWV) stock to Neutral from his previous Buy rating, citing the AI cloud company's high valuation. "Following Q1 results, the stock has run up 145%," Sills wrote, adding that he believes "much of the near-term upside has been priced in." Sills noted that CoreWeave is trading at 27 times its 2027 earnings, more than previously. He also noted CoreWeave's significant debt. "We forecast $21 billion of negative FCF through CY27, driven by high capex ($46.1 billion through CY27)," Sills wrote. "Historically,...