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r/nior/nio· u/IDrinkUrMilkshake77· 22d agoNews 1

NIO: Buy Rating Reiterated by Morgan Stanley as Profitability Focus and Strong ES8/ES9 Momentum Support Unchanged. $58 Price Target.

Investor summaryBullish

Morgan Stanley reiterates Buy on NIO with a $58 PT, citing profitability focus and strong ES8/ES9 momentum.

Bull points
  • Morgan Stanley reiterates Buy rating with a $58 price target.
  • Company's strategic focus on profitability.
  • Strong sales momentum for ES8 and ES9 models.
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Discussion · top comments1 selected
u/juflyingwild 2· 22d ago

That's Hong Kong dollars.

$7.4 USD