NIO Inc. (NIO) call put ratio 4.3 calls to 1 put into quarter results and outlook

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Go back to NIO Inc. (NIO) call put ratio 4.3 calls to 1 put into quarter results and outlook

NIO (NIO) PT Lowered to $8.50 at Citi

June 6, 2024 2:45 PM EDT

Citi analyst Jeff Chung lowered the price target on NIO (NYSE: NIO) to $8.50 (from $10.40) while maintaining a Buy rating.

The analyst comments "To factor in YTD strong sales momentum and upcoming new model launches of ONVO and Firefly, we raise 2024-25E sales... More