Nebius price target raised to $270 from $175 at Citizens

Citizens raised the firm’s price target on Nebius (NBIS) to $270 from $175 and keeps an Outperform rating on the shares. Nebius reported Q1 results that demonstrate its hyper-growth characteristics, combined with its opportunity and being a company that controls its technology stack, power, and data center capacity, the analyst tells investors in a research note.

Claim 55% Off TipRanks