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Bank of America Raises Nebius (NBIS) Price Target to $310 From $280, Maintains Buy Rating After Q2 Revenue Surges 454%
Bank of America analyst Tal Liani increased the price target for Nebius Group (NBIS) to $310 from $280, while reiterating a Buy rating. This adjustment follows Nebius's strong Q2 earnings report, which showed a 454% year-over-year revenue growth and a 514% surge in its AI Cloud segment. The stock jumped 34% after the earnings announcement and is up 201% year-to-date.
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