Niu Technologies (NIU) Reports Q2 EPS of $0.04; offers outlook

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NIU Technologies (NIU) PT Lowered to $1.90 at Citi

August 12, 2024 11:11 AM EDT

Citi analyst Beatrice Lam lowered the price target on NIU Technologies (NASDAQ: NIU) to $1.90 (from $2.40) while maintaining a Neutral rating.

The analyst comments "Niu Technologies reported mixed 2Q24 results. Topline was solid, with a 13% YoY/ 86% QoQ improvement to... More