Tag: JPMorgan analyst Nick Lai
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Why Nio Could be Headed to $40, Near-Term
Keep an eye on Nio Inc. (NIO). The electric vehicle (EV) stock continues to explode higher. In pre-market today, it’s up another $2. And $40 isn’t out of the question. According to Pulse 2.0: “JPMorgan upgraded its rating for NIO last month from Neutral to Overweight with a $40 price target. JPMorgan analyst Nick Lai…