Nomura upgraded Nio (NIO) to Buy from Neutral with a $6.60 price target Nio is improving from a business and financial perspective over the past two quarters, and the firm believes that Nio is finally entering into a healthy business cycle, the analyst tells investors in a research note. Nomura is cutting Nio’s 2026-27 shipments but still forecasting 25% shipment CAGR for 2025-2028.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NIO:
- Nio price target raised to $6.70 from $6.30 at BofA
- Morning News Wrap-Up 3/10/26: Tuesday’s Biggest Stock Market Stories!
- Midday Fly By: HP Enterprise reports Q1 beat, BioNTech announces new company
- Unusually active option classes on open March 10th
- Nio Stock Is Up Today after Q4 Earnings. Let’s Look at Who Owns It