DA Davidson Maintains Buy on Nebius (NBIS), Raises PT
From Yahoo Finance: 2025-06-18 09:55:00
Nebius Group N.V. (NASDAQ:NBIS) is one of the 10 stocks that Jim Cramer and analysts are watching. DA Davidson raised its price target on the stock from $50 to $55 and maintained a Buy rating. The analyst stated that Meta’s investment in Scale AI is shifting the competitive landscape and creating opportunities for other players, with Toloka well-positioned to gain market share. Nebius develops AI infrastructure and offers cloud platforms, GPU clusters, and developer tools across various sectors, including AI data solutions and autonomous driving technologies. Cramer expressed his impression of Nebius at the Nvidia GTC conference, predicting the stock to go higher. While acknowledging NBIS’s potential, other AI stocks may offer greater upside potential with less downside risk. For more information on undervalued AI stocks, refer to the article.
Read more at Yahoo Finance: DA Davidson Maintains Buy on Nebius (NBIS), Raises PT