Nebius Group price target raised to $60 from $51 at BWS Financial

BWS Financial analyst Hamed Khorsand raised the firm’s price target on Nebius Group (NBIS) to $60 from $51 and keeps a Buy rating on the shares following the Q4 report. The company has orders in hand that keeps it on track to achieve $1B in annual recurring revenue by the end of 2025, the analyst tells investors in a research note.