Nebius Group Stock Surges Over 33% in April Amid AI Demand and Analyst Optimism
Shares of Nebius (NBIS) rose over 33% in April, driven by increased demand for its neocloud services and positive analyst ratings. Cantor Fitzgerald initiated coverage with a 'buy' rating and $129 price target, while BofA raised its own target to $175 following recent contract wins.
Tickers: $NBIS
Topics: AI infrastructure analyst ratings M&A rumors Nebius neocloud services