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Nebius Shares Rise 4.64% to $173.16

Nebius shares were up 4.64% at $173.16 at 11:40 a.m. ET on October 19. Truist reiterated its Buy rating and $355 price target on Sunday.

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Nebius, an AI-cloud infrastructure provider, was up 4.64% at $173.16 at 11:40 a.m. ET on October 19, with bullish analyst support bringing its expansion story back into focus. Benzinga reported that Truist reiterated its Buy rating and $355 price target on Sunday. Truist’s rationale: another AI-cloud provide…