DA Davidson raised Nebius’ price target to $125 from $75 and maintains a Buy rating. Nebius secured a $17.4B contract with Microsoft for GPU capacity on Azure. Analysts believe significant valuation upside remains in Nebius’ core business. Visit TheFly for real-time financial news and try TipRanks Premium for investing insights.

Read more at Yahoo Finance: Nebius price target raised to $125 from $75 at DA Davidson