UBS Downgrades NIO (NIO) to Neutral
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Nio (NIO) begins deliveries to customers in Sweden
November 18, 2022 11:31 AM ESTChinese electric vehicle maker, Nio (NIO) began deliveries in Sweden this week after celebrating the companys European launch in Berlin a last month. Sweden is the fourth European market for Nio. As in the Netherlands and Germany, Nio is also launching the ET7 electric sedan in Sweden, while the... More
Nio (NIO) trades down following UBS downgrade
November 17, 2022 11:35 AM ESTShares of electric automaker Nio Inc. (NYSE: NIO) are down 1.99% in mid-day trading on Thursday after UBS announced that they have downgraded the stock to Neutral (from Buy) and cut the price target to $13.00.
A UBS analyst wrote in a... More
