Nebius (NBIS) stock rises after Morgan Stanley starts coverage — what traders watch next
Nebius Group shares closed Thursday up 1.9% at $103.89 after Morgan Stanley initiated coverage with an Equal-Weight rating and $126 price target. The stock hit an intraday high of $108.13 before retreating. About 11.1 million shares traded. U.S. markets were closed Monday for Martin Luther King Jr. Day.