18 AI News and Ratings Making Waves on Wall Street

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4. Nebius Group N.V. (NASDAQ:NBIS)

Number of Hedge Fund Holders: 66

Nebius Group N.V. (NASDAQ:NBIS) develops AI-focused cloud infrastructure, GPU clusters, and technology solutions, including AI data services, edtech, and autonomous driving. On February 24, DA Davidson started coverage on Nebius Group with a Buy rating and a $50 price target, including it in the firm’s DaVinci initiative for deep tech companies. The analyst sees Nebius as an early alternative to AI compute dominated by hyperscalers and considers the stock undervalued given the rising significance of neoclouds.

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