NIO Inc. (NIO) Reports In-Line Q1 EPS, Delivers 25,768 Vehicles; Guides Q2 Deliveries of 23,000-25,000
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NIO (NIO) PT Lowered to $55 at Mizuho Securities Following Earnings
June 9, 2022 4:40 PM EDTMizuho Securities analyst Vijay Rakesh lowered the price target on NIO (NYSE: NIO) to $55.00 (from $60.00) while maintaining a Buy rating following earnings.
The analyst commented, "NIO reported an inline MarQ rev/EPS of RMB 9.9B/RMB (0.79). It guided JunQ rev lower to... More
