Nio (NIO) Continues as Top China Pick at Deutsche Bank

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Positive Feedback Keeps Bank of America Bullish on Nio Inc. (NIO)

September 12, 2022 7:31 AM EDT

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

NIO (NIO) PT Raised to $30 at BofA Securities

September 12, 2022 5:52 AM EDT

BofA Securities analyst Ming Hsun Lee raised the price target on NIO (NYSE: NIO) to $30.00 (from $29.00) while maintaining a Buy rating.... More

Citic Out Positive on NIO (NIO), 'The current sales range of NIO in the coming year is close to Tesla in 2016-2018', Stays Buy Rated

September 9, 2022 6:18 AM EDT

Citic Securities analyst Yin Xinchi reiterated a Buy rating and $23.00 price target on NIO (NYSE: NIO).

The analyst comments "In the short term, the start of the new model cycle drives sales growth. ET plans to start delivery in May, and is expected to become a hit. In the... More

NIO Inc (9866:HK) (NIO) PT Lowered to HK$25 at JPMorgan

September 9, 2022 5:53 AM EDT

JPMorgan analyst Nick Lai lowered the price target on NIO Inc (9866:HK) (NYSE: NIO) to HK$25.00 (from HK$30.00) while maintaining a Overweight rating.... More

Tesla (TSLA) Reports Strong August Sales Numbers in China

September 8, 2022 8:02 AM EDT

Tesla (NASDAQ: TSLA) reported their Chinese sales numbers for August selling 76,965 Chinese-made vehicles. According to Reuters, the company nearly tripled its sales from a month ago when scheduled upgrades disrupted most production.

The China Passenger Car Association (CPCA) said the electric carmaker exported 42,463 Model 3s and Model Ys from China last month. In July, it sold 28,217 vehicles and exported... More

NIO Inc (9866:HK) (NIO) PT Lowered to HK$240.40 at Citi

September 8, 2022 4:03 AM EDT

Citi lowered its price target on NIO Inc (9866:HK) (NYSE: NIO) to HK$240.40 (from HK$315.90) while maintaining a Buy rating.... More

NIO (NIO) PT Lowered to $31.30 at Citi

September 8, 2022 3:55 AM EDT

Citi analyst Jeff Chung lowered the price target on NIO (NYSE: NIO) to $31.30 (from $41.10) while maintaining a Buy rating.... More