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Morgan Stanley Reiterates Overweight Rating on NIO (NIO)

May 31, 2024 6:06 AM EDT

Morgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $10.00 price target on NIO (NYSE: NIO).

The analyst comments "NIO's share price has outperformed this week on positive sector movement and raised expectations on 2Q volume guidance with solid order intake... More