BWS Financial analyst Hamed Khorsand initiated coverage of Nebius Group (NBIS) with a Buy rating and $51 price target Nebius is the non-Russian assets of what was formerly known as Yandex through a series of transactions completed in July 2024, the analyst tells investors in a research note. The firm says the business is poised to leverage the current demand for artificial intelligence and enhance the value of the other businesses it owns “now that it is once again a freely trading company removed from sanctions and restrictions.”
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