The company's cloud division is certified as an "Elite" partner of Nvidia, making it one of the largest providers of Nvidia-based cloud services in Europe.
Frankfurt-based tech company Northern Data (OTC:NDTAF) has seen a significant change in its business model, which has caught the eye of investment bank Berenberg.
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In a research note published by Gerhard Orgonas, Berenberg advises its customers to buy the stock. The target price is being increased from CHF 100 to CHF 125.