Nebius (NBIS) Stock Rises 4% Pre-Market After Analyst Reiterates $355 Target
Photo: CoinCentral
TLDR Nebius Group (NBIS) stock rose 3.6% in pre-open trading Monday from a $165.47 close. Truist reiterated a Buy rating with a $355 price target after Friday’s near 12% drop. Nebius launched a $10 million program for European AI developers with NVIDIA and Accel. CoreWeave debt worries and a Gartner warning weighed on neocloud names last week. The stock remains far below its 50-day average of $223.57 and its 52-week high of $299.86. Nebius Group (NBIS) stock rose 3.6% in pre-open trading on Monday. It followed a previous close of $165.47.
Source: CoinCentral
