Form 6-K NIO Inc. For: Dec 01
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NIO (NIO) Mentioned Mixed at Morgan Stanley, 'stock will likely stay volatile'
December 5, 2023 5:47 AM ESTMorgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $18.70 price target on NIO (NYSE: NIO)
The analyst comments "NIO reported a net loss of Rmb4.6bn in 3Q23 (vs. Rmb6.1bn loss in 2Q23) vs. the market's expectation of an Rmb5.5-6bn loss. Total revenue grew... More
