Cerebras Systems Inc (NASDAQ:CBRS) shares are flying Monday after a wave of Wall Street firms initiated coverage on the stock with bullish ratings and aggressive price targets.

June 8 : Cerebras shares gained on Monday as multiple Wall Street firms initiated coverage with bullish calls after the quiet period, backing the chip designer's unconventional AI…

Cerebras shares saw a rise on Monday. Several Wall Street firms initiated coverage with positive outlooks. They are backing the chip designer's unique AI strategy. This comes…