Shares of NEBIUS (NBIS) surged 5.06% in intraday trading on Monday as the stock received a Buy rating initiation from BWS Financial.
The analyst firm initiated coverage on the technology company, citing its strong growth prospects and attractive valuation. BWS analysts highlighted NEBIUS' innovative products and expanding market share as key drivers for their bullish outlook.
The upgrade from a respected research firm boosted investor sentiment, driving NEBIUS' stock higher amidst a broader market rally. Traders responded positively to the favorable analyst view, fueling the stock's upward momentum throughout the trading session.