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NIO Earns Moderate Buy Consensus as Analysts Set $6.70 Average Target

NIO logoNIO
Sig1.25Sen+1.70Env0.00Soc0.00Gov0.00

Analysts covering NIO issued mixed ratings: two sell, four hold, seven buy, and one strong buy, for an average 12-month price target of $6.70. Bank of America reaffirmed neutral with a $6.80 target. The bullish view cites delivery growth and improving margins plus new models and technology partnerships, while one investor reduced its position.

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