Getty Images
(This story is for CNBC PRO subscribers only.)
Shares of Shanghai-based electric vehicle company Nio opened at a record high on Monday after the company unveiled its first sedan, prompting a number of Wall Street firms to raise their outlook for the company.
Analysts from Bank of America and Deutsche Bank raised their target on the stock to $70, while JPMorgan lifted its target to $75 — the highest on the Street. All three have a buy-equivalent rating on the stock.
U.S.-listed shares of Nio advanced more than 11% on Monday, after the stock closed at a record high on Friday, rising nearly 21% for the week.
"street" - Google News
January 11, 2021 at 08:49PM
https://ift.tt/3i37EqT
Nio shares surge 11% after getting a host of bullish Street calls on its new sedan to rival Tesla - CNBC
"street" - Google News
https://ift.tt/2Ql4mmJ
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
No comments:
Post a Comment