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DA Davidson Reverses Course on Nebius Target Cut in Just 1 Week. What Is Going On?

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DA Davidson Reverses Course on Nebius Target Cut in Just 1 Week. What Is Going On?

A Wall Street analyst slashed his Nebius price target by 30% and then reversed the entire cut just seven days later, and the reason has nothing to do with earnings. It all comes down to a single data center in New Jersey.