Nio Stock No Longer a Sell, According to 1 Wall Street Analyst
Good news for Nio (NYSE: NIO) shareholders! For three long months, investment bank J.P. Morgan said the Chinese electric vehicle (EV) maker's stock was a sell.
But no longer.
On Wednesday, the bank's investment firm relented and removed its sell rating from Nio, upgrading the EV stock to neutral and setting its price target at $5.40 per share. That price implies an upside of just 2% on the current $5.32.
Source Fool.com
NIO Inc. Aktie
4,96 €
3,14 %
Die NIO Inc. Aktie steht noch am Anfang: Zu wenige Einschätzungen für ein Sentiment.
Für NIO Inc. steht der aktuelle Kurs von 4.96 € im Einklang mit dem Community-Kursziel von 5 €.
