Form 6-K NIO Inc. For: Jun 03
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NIO (NIO) PT Lowered to $3.90 at Macquarie
June 3, 2025 3:54 PM EDTMacquarie analyst Eugene Hsiao lowered the price target on NIO (NYSE: NIO) to $3.90 (from $4.70) while maintaining a Neutral rating.
The analyst comments " 1Q results missed Bloomberg consensus/MQe on all key metrics as concerns over unabated cash burn remain. 2Q guide was in line. The NIO brand faces more BEV competition, while Onvo has yet to... More
