Citi Upgrades NIO (NIO) to Buy

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NIO Inc. (NIO) Mentioned Positive at Morgan Stanley, Reiterates Overweight, PT $64

June 1, 2021 6:47 AM EDT

Morgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $64.00 price target on NIO (NYSE: NIO).

The analyst comments "NIO reported May-21 sales volume of 6,711 units, -5.5% MoM, which consists of: 1) 1,412units if ES8 (-7.3% MoM);2)3,017 units of ES6 (-4.6% MoM);and... More

NIO Inc. (NIO) delivered 6,711 vehicles in May

June 1, 2021 6:29 AM EDT

NIO Inc. (NIO or the Company) (NYSE: NIO), a pioneer and a leading manufacturer of premium smart electric vehicles in China, today provided its May 2021 delivery results.

NIO delivered 6,711 vehicles in May 2021, representing a solid 95.3% year-over-year growth. The deliveries consisted of 1,412... More