D.A. Davidson & Co. analyst Alexander Platt initiated coverage on Nebius Group N.V. NBIS with a Buy rating and a price forecast of $50.The analyst highlights that the company is positioning itself as a key alternative to hyperscalers like AWS, Azure, and GCP, which are leveraging rigid pricing and supply constraints to secure high margins.While AWS and Azure offer dedicated AI instances, they are burdened by unnecessary software layers and additional costs.This has led AI startups and enterprises to seek al ...