Morgan Stanley Initiates Nebius (NBIS) at Equalweight, Flags Long-Term AI Infrastructure Upside

Nebius Group N.V. (NASDAQ:NBIS) is one of the AI Stocks Making Waves on Wall Street. On January 15, Morgan Stanley analyst Josh Baer initiated coverage on the stock with an “Equalweight” rating and a price target of $126. The analyst highlights AI infrastructure scale-up potential for NBS, urging investors to focus on long-term metrics for valuation instead of near-term earnings. Nebius is well-positioned to benefit from the build-out of AI infrastructure, said Baer, noting its potential to bring signifi ...