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UBS initiated coverage of neocloud Applied Digital with a Buy rating and $38 price target, endorsing the company's inference and training infrastructure business.

Analyst validation of Applied Digital's market position attracts institutional capital; signals UBS confidence that alternative GPU supply will sustain premium valuations.
Trade pressSlicast · September 23, 2026 at 12:58 UTC · US · Source: marketscreener.com
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UBS initiated coverage of neocloud Applied… · Slicast