Nebius Group (NASDAQ:NBIS) Given New $60.00 Price Target at BWS Financial

Nebius Group (NASDAQ:NBIS) had its price objective upped by BWS Financial from $51.00 to $60.00 in a research note released on Friday morning,Benzinga reports. The firm currently has a buy rating on the stock.

Nebius Group Stock Performance

NASDAQ:NBIS opened at $39.83 on Friday. The firm has a fifty day moving average price of $34.37. Nebius Group has a 1-year low of $14.09 and a 1-year high of $50.87.

Nebius Group Company Profile

Nebius Group N.V., a technology company, builds intelligent products and services powered by machine learning and other technologies to help consumers and businesses navigate the online and offline world. The company’s services include Nebius AI, an AI-centric cloud platform that offers infrastructure and computing capability for AI deployment and machine-learning oriented solutions; and Toloka AI that offers generative AI (GenAI) solutions at every stage of the GenAI lifecycle, such as data annotation and generation, model training and fine-tuning, and quality assessment of large language model for accuracy and reliability.