Deutsche Bank analyst Edison Yu reiterated a Buy rating on Nio (NIO – Research Report) on June 6 and set a price target of $45.00. The company's shares closed last Tuesday at $19.65. According to TipRanks.com, Yu is ranked 0 out of 5 stars with an average return of -19.7% and a 21.2% success rate. Yu covers the Technology sector, focusing on stocks such as Vertical Aerospace, Archer Aviation, and Rocket Lab USA. Nio has an analyst consensus of Strong Buy, with a price target consensus of $41.09, an 116.5% upside from current levels.
https://www.tipranks.com/news/blurbs/nio-nio-receives-a-buy-from-deutsche-bank?utm_source=advfn.com&utm_medium=referral
NIO (NYSE:NIO)
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