NIO (NYSE:NIO) Upgraded by UBS Group to "Buy" Rating

Market Beat
2025.09.16 12:13
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UBS Group upgraded NIO from a "neutral" to a "buy" rating, setting a price target of $8.50, indicating a potential upside of 30.97%. Other firms like Morgan Stanley and JPMorgan also issued positive ratings. NIO's shares opened at $6.49, with a market cap of $13.55 billion. The company reported a revenue of $2.65 billion for the last quarter, missing earnings estimates. NIO designs and sells electric vehicles in China and has seen significant institutional investment recently.