Tag: NIO ET7
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Why Goldman Sachs Just Upgraded NIO to a Buy Rating
Over the last few weeks, Nio (NIO) has been a disaster. Shares plummeted from about $55 to about $33, where it’s just starting to bounce from double bottom support. Helping, Goldman Sachs’ Fei Fang just upgraded the NIO stock to a buy rating from a hold, with a $56 price target – potential 66% upside.…