NIO Inc. (NIO) Reports In-Line Q1 EPS, Delivers 25,768 Vehicles; Guides Q2 Deliveries of 23,000-25,000

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Go back to NIO Inc. (NIO) Reports In-Line Q1 EPS, Delivers 25,768 Vehicles; Guides Q2 Deliveries of 23,000-25,000

NIO (NIO) PT Lowered to $55 at Mizuho Securities Following Earnings

June 9, 2022 4:40 PM EDT

Mizuho 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