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