Form 6-K NIO Inc. For: May 24
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NIO (NIO) PT Lowered to $5.90 at BofA Securities
May 28, 2024 5:28 AM EDTBofA Securities analyst Ming Hsun Lee lowered the price target on NIO (NYSE: NIO) to $5.90 (from $6.50) while maintaining a Neutral rating.
The analyst comments "We see stronger-than-expected sales for NIO in 2Q24, given 1) the company witnessed decent orders in April-May 2024 as it... More
