Goldman Sachs has launched research coverage on two U.S.-listed technology companies, assigning opposing recommendations that reflect the bank’s assessment of their growth prospects and risk profiles. The firm started Nebius Group (ticker NBIS), a provider of cloud-computing services, with a Buy rating and a $68 price target, citing what it called a compelling risk-reward opportunity driven by secular growth in artificial-intelligence workloads, an integrated edge-to-cloud offering and cost-scale advantages. Conversely, Goldman initiated Upstart Holdings Inc. (UPST), an artificial-intelligence lending platform, at Sell with a $71 price target. While acknowledging Upstart’s strength in risk pricing, the analysts warned of limited consumer loyalty and heightened funding cyclicality in an increasingly competitive lending market.