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Why Did Nebius Group Stock Soar 14.64%?
Generated by AI AgentAinvest Movers Radar
Monday, May 12, 2025 5:50 am ET1min read
On May 12, 2025, Nebius Group's stock surged by 14.64% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.
DA Davidson recently adjusted their price target for
, lowering it from $50.00 to $30.00 while maintaining a "buy" rating. This move reflects the firm's ongoing evaluation of the company's prospects and potential for growth.Nebius Group's stock has seen notable increases in recent days, with reports indicating that the company is attracting substantial investment. This influx of capital is likely contributing to the positive sentiment surrounding the stock, as investors anticipate further growth and development.
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