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Bank of America Securities analyst, Ming Hsun Lee reiterated a Buy rating and raised their price target on Nio Inc. (NYSE: NIO) to $30 from $29 following positive feedback from consumers on the ET5.
Lee wrote in the note, We prefer NIO given its good product cycle and comprehensive EV... More
Deutsche Bank analyst, Edison Yu reiterated a Buy rating and $39.00 price target on Nio Inc. (NYSE (NIO) following the companys earnings release last week. The electric vehicle maker reported mostly solid 2Q results. EPS was ($1.35) missing Deutsche Bankss ($1.17) estimate. However, deliveries for the quarter were reported at 25,059 units, leading to revenue of 10.3bn RMB, better than the consensus estimate of 9.8bn... More

