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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
That's Hong Kong dollars.
$7.4 USD

r/nio