NIO Inc. to Report Second Quarter 2023 Financial Results on Tuesday, August 29, 2023

Go back to NIO Inc. to Report Second Quarter 2023 Financial Results on Tuesday, August 29, 2023

Bank of America raises estimates on Nio (NIO) following strong delivery growth

August 16, 2023 8:08 AM EDT

Bank of America reiterated a Buy rating on Nio Inc. (NYSE: NIO) and raised their 12-month price target on the stock to $16.20 (From $15.40) after the electric vehicle maker reported its monthly deliveries numbers.

NIO recorded a significant increase in deliveries in July, with... More