Citi Just Slashed Its Price Target on NIO Stock

InvestorPlace2022-06-22

Citi lowered its Nio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in...

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Comments

mster
2022-06-22
mster
Analysts... a lot of them do 1 job well - Conjob.
tanpp2307
2022-06-22
tanpp2307
Oh.
DragonKC
2022-06-22
DragonKC
Nio still no sign of upward trend despite all the postivr reports.
ZenInv
2022-06-22
ZenInv
That's Still about double from here
Looyusooi
2022-06-22
Looyusooi
Ok
Lalalanana
2022-06-22
Lalalanana
Ok

Leave a comment

245

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCiti Just Slashed Its Price Target on NIO Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-22 08:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citi lowered its Nio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in...</p>\n\n<a href=\"https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NIO.SI","symbol_name":"蔚来","start_time":0,"source_url":"https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/","article_id":"1142096558","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1142096558","pubTimestamp":1655857301,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Citi lowered itsNio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in ","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NIO.SI":"蔚来","09866":"蔚来-SW","NIO":"蔚来"},"translate_title":"花旗刚刚下调了蔚来股票的目标价格","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09866":0.9,"NIO":0.9,"NIO.SI":0.9},"content_text":"Citi lowered its Nio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in focus after Citi analyst Jeff Chung lowered his price target from $87 to $41.10 while maintaining his “buy” rating. The price target reduction comes as a surprise, as Chung reiterated the $87 level just ten days ago on June 11.Chung is ranked at 2,443 out of 7,892 total analysts on TipRanks.The analyst has an average return of 7.8% and a success rate of 55% over a one-year period. Meanwhile, shares of NIO stock are accelerating higher by about 10% today. Let’s get into the details of Chung’s price target reduction.Citi Lowers NIO Stock Price Target to $41.10While the analyst lowered his price target by about 53%, he still seems bullish on Nio’s prospects. In addition, $41.10 implies upside of about 80% from current prices. It’s likely that Chung lowered his price target to reflect current market conditions.If gasoline and lithium-carbonate prices increase by another 25% to 50% year-over-year, Chung believes electric vehicle(EV) full lifecycle ownership costs would be 36% lower when compared to traditional internal combustion engine (ICE) vehicles. Today, the average price for a gallon of gas in the U.S. sits near all-time highs at $4.97.In his June 11$87 price reiteration, Chung noted the company’s listing on the Singapore Exchange and a recovery of production were both bullish factors. He is also bullish on the company’s expansion into Germany, the Netherlands and Sweden. He added:“NIO gave very strong June sales guidance ceiling at 13k units, or 84% MoM, which may potentially implies 3Q volume may exceed 40k level (in our view), with ample re-rating upside risk ahead on margins and asset-turns.”With Chung’s view in mind, let’s take a look at how other analysts view the Chinese EV company.Morgan Stanley and Deutsche Bank Chime in on NIODeutsche Bank has a price target of $45. Analyst Edison Yu acknowledges production has been threatened by the coronavirus and lockdowns in China in recent months. However, he expects volume to pick up toward the end of the year to 25,000 vehicles per month. This will “shift the narrative away from supply constraints to robust product supercycle.” For the full year, Yu expects 160,000 deliveries. In 2023, he expects that figure to double.Morgan Stanley has a price target of $31. Analyst Tim Hsiao believes June sales between 11,000 and 13,000 EVs should “help NIOrestore investor confidence.” He adds that even if new models don’t generate positive free cash flow in the short term, the company’s portfolio of existing vehicles should still attract further customers. 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The price target reduction comes as a surprise, as Chung reiterated the $87 level just ten days ago on June 11.</p><p>Chung is ranked at 2,443 out of 7,892 total analysts on <i>TipRanks.</i>The analyst has an average return of 7.8% and a success rate of 55% over a one-year period. Meanwhile, shares of NIO stock are accelerating higher by about 10% today. Let’s get into the details of Chung’s price target reduction.</p><p><b>Citi Lowers NIO Stock Price Target to $41.10</b></p><p>While the analyst lowered his price target by about 53%, he still seems bullish on Nio’s prospects. In addition, $41.10 implies upside of about 80% from current prices. It’s likely that Chung lowered his price target to reflect current market conditions.</p><p>If gasoline and lithium-carbonate prices increase by another 25% to 50% year-over-year, Chung believes electric vehicle(EV) full lifecycle ownership costs would be 36% lower when compared to traditional internal combustion engine (ICE) vehicles. Today, the average price for a gallon of gas in the U.S. sits near all-time highs at $4.97.</p><p>In his June 11$87 price reiteration, Chung noted the company’s listing on the <b>Singapore Exchange</b> and a recovery of production were both bullish factors. He is also bullish on the company’s expansion into Germany, the Netherlands and Sweden. He added:</p><p>“NIO gave very strong June sales guidance ceiling at 13k units, or 84% MoM, which may potentially implies 3Q volume may exceed 40k level (in our view), with ample re-rating upside risk ahead on margins and asset-turns.”</p><p>With Chung’s view in mind, let’s take a look at how other analysts view the Chinese EV company.</p><p><b>Morgan Stanley and Deutsche Bank Chime in on NIO</b></p><ul><li>Deutsche Bank has a price target of $45. Analyst Edison Yu acknowledges production has been threatened by the coronavirus and lockdowns in China in recent months. However, he expects volume to pick up toward the end of the year to 25,000 vehicles per month. This will “shift the narrative away from supply constraints to robust product supercycle.” For the full year, Yu expects 160,000 deliveries. In 2023, he expects that figure to double.</li><li>Morgan Stanley has a price target of $31. Analyst Tim Hsiao believes June sales between 11,000 and 13,000 EVs should “help NIOrestore investor confidence.” He adds that even if new models don’t generate positive free cash flow in the short term, the company’s portfolio of existing vehicles should still attract further customers. Finally, Hsiao characterizes Nio as a “laggard” in the startup EV space, but expects the trend to reverse soon.</li></ul></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Citi Just Slashed Its Price Target on NIO Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCiti Just Slashed Its Price Target on NIO Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-22 08:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citi lowered its Nio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in...</p>\n\n<a href=\"https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","NIO.SI":"蔚来","09866":"蔚来-SW"},"source_url":"https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142096558","content_text":"Citi lowered its Nio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in focus after Citi analyst Jeff Chung lowered his price target from $87 to $41.10 while maintaining his “buy” rating. The price target reduction comes as a surprise, as Chung reiterated the $87 level just ten days ago on June 11.Chung is ranked at 2,443 out of 7,892 total analysts on TipRanks.The analyst has an average return of 7.8% and a success rate of 55% over a one-year period. Meanwhile, shares of NIO stock are accelerating higher by about 10% today. Let’s get into the details of Chung’s price target reduction.Citi Lowers NIO Stock Price Target to $41.10While the analyst lowered his price target by about 53%, he still seems bullish on Nio’s prospects. In addition, $41.10 implies upside of about 80% from current prices. It’s likely that Chung lowered his price target to reflect current market conditions.If gasoline and lithium-carbonate prices increase by another 25% to 50% year-over-year, Chung believes electric vehicle(EV) full lifecycle ownership costs would be 36% lower when compared to traditional internal combustion engine (ICE) vehicles. Today, the average price for a gallon of gas in the U.S. sits near all-time highs at $4.97.In his June 11$87 price reiteration, Chung noted the company’s listing on the Singapore Exchange and a recovery of production were both bullish factors. He is also bullish on the company’s expansion into Germany, the Netherlands and Sweden. He added:“NIO gave very strong June sales guidance ceiling at 13k units, or 84% MoM, which may potentially implies 3Q volume may exceed 40k level (in our view), with ample re-rating upside risk ahead on margins and asset-turns.”With Chung’s view in mind, let’s take a look at how other analysts view the Chinese EV company.Morgan Stanley and Deutsche Bank Chime in on NIODeutsche Bank has a price target of $45. Analyst Edison Yu acknowledges production has been threatened by the coronavirus and lockdowns in China in recent months. However, he expects volume to pick up toward the end of the year to 25,000 vehicles per month. This will “shift the narrative away from supply constraints to robust product supercycle.” For the full year, Yu expects 160,000 deliveries. In 2023, he expects that figure to double.Morgan Stanley has a price target of $31. Analyst Tim Hsiao believes June sales between 11,000 and 13,000 EVs should “help NIOrestore investor confidence.” He adds that even if new models don’t generate positive free cash flow in the short term, the company’s portfolio of existing vehicles should still attract further customers. Finally, Hsiao characterizes Nio as a “laggard” in the startup EV space, but expects the trend to reverse soon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9043962164,"gmtCreate":1655862269158,"gmtModify":1676535720956,"author":{"id":"3585983433962847","authorId":"3585983433962847","name":"tanpp2307","avatar":"https://static.tigerbbs.com/b4cb1adebe779f631f65a6b4332f7bc5","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Oh.","listText":"Oh.","text":"Oh.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043962164","repostId":1142096558,"repostType":4,"repost":{"id":"1142096558","pubTimestamp":1655857301,"share":"https://www.laohu8.com/m/news/1142096558?lang=&edition=full","pubTime":"2022-06-22 08:21","market":"us","language":"en","title":"Citi Just Slashed Its Price Target on NIO Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1142096558","media":"InvestorPlace","summary":"Citi lowered itsNio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in ","content":"<html><head></head><body><ul><li>Citi lowered its <b>Nio</b>(<b><u>NIO</u></b>) price target to $41.10.</li><li>Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.</li><li>Share of NIO stock are down more than 30% year-to-date.</li></ul><p><b>Nio</b>(NYSE:<b><u>NIO</u></b>) is in focus after Citi analyst Jeff Chung lowered his price target from $87 to $41.10 while maintaining his “buy” rating. The price target reduction comes as a surprise, as Chung reiterated the $87 level just ten days ago on June 11.</p><p>Chung is ranked at 2,443 out of 7,892 total analysts on <i>TipRanks.</i>The analyst has an average return of 7.8% and a success rate of 55% over a one-year period. Meanwhile, shares of NIO stock are accelerating higher by about 10% today. Let’s get into the details of Chung’s price target reduction.</p><p><b>Citi Lowers NIO Stock Price Target to $41.10</b></p><p>While the analyst lowered his price target by about 53%, he still seems bullish on Nio’s prospects. In addition, $41.10 implies upside of about 80% from current prices. It’s likely that Chung lowered his price target to reflect current market conditions.</p><p>If gasoline and lithium-carbonate prices increase by another 25% to 50% year-over-year, Chung believes electric vehicle(EV) full lifecycle ownership costs would be 36% lower when compared to traditional internal combustion engine (ICE) vehicles. Today, the average price for a gallon of gas in the U.S. sits near all-time highs at $4.97.</p><p>In his June 11$87 price reiteration, Chung noted the company’s listing on the <b>Singapore Exchange</b> and a recovery of production were both bullish factors. He is also bullish on the company’s expansion into Germany, the Netherlands and Sweden. He added:</p><p>“NIO gave very strong June sales guidance ceiling at 13k units, or 84% MoM, which may potentially implies 3Q volume may exceed 40k level (in our view), with ample re-rating upside risk ahead on margins and asset-turns.”</p><p>With Chung’s view in mind, let’s take a look at how other analysts view the Chinese EV company.</p><p><b>Morgan Stanley and Deutsche Bank Chime in on NIO</b></p><ul><li>Deutsche Bank has a price target of $45. Analyst Edison Yu acknowledges production has been threatened by the coronavirus and lockdowns in China in recent months. However, he expects volume to pick up toward the end of the year to 25,000 vehicles per month. This will “shift the narrative away from supply constraints to robust product supercycle.” For the full year, Yu expects 160,000 deliveries. In 2023, he expects that figure to double.</li><li>Morgan Stanley has a price target of $31. Analyst Tim Hsiao believes June sales between 11,000 and 13,000 EVs should “help NIOrestore investor confidence.” He adds that even if new models don’t generate positive free cash flow in the short term, the company’s portfolio of existing vehicles should still attract further customers. Finally, Hsiao characterizes Nio as a “laggard” in the startup EV space, but expects the trend to reverse soon.</li></ul></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Citi Just Slashed Its Price Target on NIO Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCiti Just Slashed Its Price Target on NIO Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-22 08:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citi lowered its Nio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in...</p>\n\n<a href=\"https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","NIO.SI":"蔚来","09866":"蔚来-SW"},"source_url":"https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142096558","content_text":"Citi lowered its Nio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in focus after Citi analyst Jeff Chung lowered his price target from $87 to $41.10 while maintaining his “buy” rating. The price target reduction comes as a surprise, as Chung reiterated the $87 level just ten days ago on June 11.Chung is ranked at 2,443 out of 7,892 total analysts on TipRanks.The analyst has an average return of 7.8% and a success rate of 55% over a one-year period. Meanwhile, shares of NIO stock are accelerating higher by about 10% today. Let’s get into the details of Chung’s price target reduction.Citi Lowers NIO Stock Price Target to $41.10While the analyst lowered his price target by about 53%, he still seems bullish on Nio’s prospects. In addition, $41.10 implies upside of about 80% from current prices. It’s likely that Chung lowered his price target to reflect current market conditions.If gasoline and lithium-carbonate prices increase by another 25% to 50% year-over-year, Chung believes electric vehicle(EV) full lifecycle ownership costs would be 36% lower when compared to traditional internal combustion engine (ICE) vehicles. Today, the average price for a gallon of gas in the U.S. sits near all-time highs at $4.97.In his June 11$87 price reiteration, Chung noted the company’s listing on the Singapore Exchange and a recovery of production were both bullish factors. He is also bullish on the company’s expansion into Germany, the Netherlands and Sweden. He added:“NIO gave very strong June sales guidance ceiling at 13k units, or 84% MoM, which may potentially implies 3Q volume may exceed 40k level (in our view), with ample re-rating upside risk ahead on margins and asset-turns.”With Chung’s view in mind, let’s take a look at how other analysts view the Chinese EV company.Morgan Stanley and Deutsche Bank Chime in on NIODeutsche Bank has a price target of $45. Analyst Edison Yu acknowledges production has been threatened by the coronavirus and lockdowns in China in recent months. However, he expects volume to pick up toward the end of the year to 25,000 vehicles per month. This will “shift the narrative away from supply constraints to robust product supercycle.” For the full year, Yu expects 160,000 deliveries. In 2023, he expects that figure to double.Morgan Stanley has a price target of $31. Analyst Tim Hsiao believes June sales between 11,000 and 13,000 EVs should “help NIOrestore investor confidence.” He adds that even if new models don’t generate positive free cash flow in the short term, the company’s portfolio of existing vehicles should still attract further customers. Finally, Hsiao characterizes Nio as a “laggard” in the startup EV space, but expects the trend to reverse soon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9043917917,"gmtCreate":1655861223039,"gmtModify":1676535720609,"author":{"id":"3577178099298017","authorId":"3577178099298017","name":"DragonKC","avatar":"https://static.tigerbbs.com/f90c63c67a4e5f91e9dc0159f5b853ab","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Nio still no sign of upward trend despite all the postivr reports.&nbsp;","listText":"Nio still no sign of upward trend despite all the postivr reports.&nbsp;","text":"Nio still no sign of upward trend despite all the postivr reports.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043917917","repostId":1142096558,"repostType":4,"repost":{"id":"1142096558","pubTimestamp":1655857301,"share":"https://www.laohu8.com/m/news/1142096558?lang=&edition=full","pubTime":"2022-06-22 08:21","market":"us","language":"en","title":"Citi Just Slashed Its Price Target on NIO Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1142096558","media":"InvestorPlace","summary":"Citi lowered itsNio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in ","content":"<html><head></head><body><ul><li>Citi lowered its <b>Nio</b>(<b><u>NIO</u></b>) price target to $41.10.</li><li>Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.</li><li>Share of NIO stock are down more than 30% year-to-date.</li></ul><p><b>Nio</b>(NYSE:<b><u>NIO</u></b>) is in focus after Citi analyst Jeff Chung lowered his price target from $87 to $41.10 while maintaining his “buy” rating. The price target reduction comes as a surprise, as Chung reiterated the $87 level just ten days ago on June 11.</p><p>Chung is ranked at 2,443 out of 7,892 total analysts on <i>TipRanks.</i>The analyst has an average return of 7.8% and a success rate of 55% over a one-year period. Meanwhile, shares of NIO stock are accelerating higher by about 10% today. Let’s get into the details of Chung’s price target reduction.</p><p><b>Citi Lowers NIO Stock Price Target to $41.10</b></p><p>While the analyst lowered his price target by about 53%, he still seems bullish on Nio’s prospects. In addition, $41.10 implies upside of about 80% from current prices. It’s likely that Chung lowered his price target to reflect current market conditions.</p><p>If gasoline and lithium-carbonate prices increase by another 25% to 50% year-over-year, Chung believes electric vehicle(EV) full lifecycle ownership costs would be 36% lower when compared to traditional internal combustion engine (ICE) vehicles. Today, the average price for a gallon of gas in the U.S. sits near all-time highs at $4.97.</p><p>In his June 11$87 price reiteration, Chung noted the company’s listing on the <b>Singapore Exchange</b> and a recovery of production were both bullish factors. He is also bullish on the company’s expansion into Germany, the Netherlands and Sweden. He added:</p><p>“NIO gave very strong June sales guidance ceiling at 13k units, or 84% MoM, which may potentially implies 3Q volume may exceed 40k level (in our view), with ample re-rating upside risk ahead on margins and asset-turns.”</p><p>With Chung’s view in mind, let’s take a look at how other analysts view the Chinese EV company.</p><p><b>Morgan Stanley and Deutsche Bank Chime in on NIO</b></p><ul><li>Deutsche Bank has a price target of $45. Analyst Edison Yu acknowledges production has been threatened by the coronavirus and lockdowns in China in recent months. However, he expects volume to pick up toward the end of the year to 25,000 vehicles per month. This will “shift the narrative away from supply constraints to robust product supercycle.” For the full year, Yu expects 160,000 deliveries. In 2023, he expects that figure to double.</li><li>Morgan Stanley has a price target of $31. Analyst Tim Hsiao believes June sales between 11,000 and 13,000 EVs should “help NIOrestore investor confidence.” He adds that even if new models don’t generate positive free cash flow in the short term, the company’s portfolio of existing vehicles should still attract further customers. Finally, Hsiao characterizes Nio as a “laggard” in the startup EV space, but expects the trend to reverse soon.</li></ul></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Citi Just Slashed Its Price Target on NIO Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCiti Just Slashed Its Price Target on NIO Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-22 08:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citi lowered its Nio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in...</p>\n\n<a href=\"https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","NIO.SI":"蔚来","09866":"蔚来-SW"},"source_url":"https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142096558","content_text":"Citi lowered its Nio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in focus after Citi analyst Jeff Chung lowered his price target from $87 to $41.10 while maintaining his “buy” rating. The price target reduction comes as a surprise, as Chung reiterated the $87 level just ten days ago on June 11.Chung is ranked at 2,443 out of 7,892 total analysts on TipRanks.The analyst has an average return of 7.8% and a success rate of 55% over a one-year period. Meanwhile, shares of NIO stock are accelerating higher by about 10% today. Let’s get into the details of Chung’s price target reduction.Citi Lowers NIO Stock Price Target to $41.10While the analyst lowered his price target by about 53%, he still seems bullish on Nio’s prospects. In addition, $41.10 implies upside of about 80% from current prices. It’s likely that Chung lowered his price target to reflect current market conditions.If gasoline and lithium-carbonate prices increase by another 25% to 50% year-over-year, Chung believes electric vehicle(EV) full lifecycle ownership costs would be 36% lower when compared to traditional internal combustion engine (ICE) vehicles. Today, the average price for a gallon of gas in the U.S. sits near all-time highs at $4.97.In his June 11$87 price reiteration, Chung noted the company’s listing on the Singapore Exchange and a recovery of production were both bullish factors. He is also bullish on the company’s expansion into Germany, the Netherlands and Sweden. He added:“NIO gave very strong June sales guidance ceiling at 13k units, or 84% MoM, which may potentially implies 3Q volume may exceed 40k level (in our view), with ample re-rating upside risk ahead on margins and asset-turns.”With Chung’s view in mind, let’s take a look at how other analysts view the Chinese EV company.Morgan Stanley and Deutsche Bank Chime in on NIODeutsche Bank has a price target of $45. Analyst Edison Yu acknowledges production has been threatened by the coronavirus and lockdowns in China in recent months. However, he expects volume to pick up toward the end of the year to 25,000 vehicles per month. This will “shift the narrative away from supply constraints to robust product supercycle.” For the full year, Yu expects 160,000 deliveries. In 2023, he expects that figure to double.Morgan Stanley has a price target of $31. Analyst Tim Hsiao believes June sales between 11,000 and 13,000 EVs should “help NIOrestore investor confidence.” He adds that even if new models don’t generate positive free cash flow in the short term, the company’s portfolio of existing vehicles should still attract further customers. Finally, Hsiao characterizes Nio as a “laggard” in the startup EV space, but expects the trend to reverse soon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9043916804,"gmtCreate":1655861013108,"gmtModify":1676535720490,"author":{"id":"4098783902581330","authorId":"4098783902581330","name":"ZenInv","avatar":"https://community-static.tradeup.com/news/033bd47e3df1977aaef462f53997e9f1","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"That's Still about double from here","listText":"That's Still about double from here","text":"That's Still about double from here","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043916804","repostId":1142096558,"repostType":4,"repost":{"id":"1142096558","pubTimestamp":1655857301,"share":"https://www.laohu8.com/m/news/1142096558?lang=&edition=full","pubTime":"2022-06-22 08:21","market":"us","language":"en","title":"Citi Just Slashed Its Price Target on NIO Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1142096558","media":"InvestorPlace","summary":"Citi lowered itsNio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in ","content":"<html><head></head><body><ul><li>Citi lowered its <b>Nio</b>(<b><u>NIO</u></b>) price target to $41.10.</li><li>Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.</li><li>Share of NIO stock are down more than 30% year-to-date.</li></ul><p><b>Nio</b>(NYSE:<b><u>NIO</u></b>) is in focus after Citi analyst Jeff Chung lowered his price target from $87 to $41.10 while maintaining his “buy” rating. The price target reduction comes as a surprise, as Chung reiterated the $87 level just ten days ago on June 11.</p><p>Chung is ranked at 2,443 out of 7,892 total analysts on <i>TipRanks.</i>The analyst has an average return of 7.8% and a success rate of 55% over a one-year period. Meanwhile, shares of NIO stock are accelerating higher by about 10% today. Let’s get into the details of Chung’s price target reduction.</p><p><b>Citi Lowers NIO Stock Price Target to $41.10</b></p><p>While the analyst lowered his price target by about 53%, he still seems bullish on Nio’s prospects. In addition, $41.10 implies upside of about 80% from current prices. It’s likely that Chung lowered his price target to reflect current market conditions.</p><p>If gasoline and lithium-carbonate prices increase by another 25% to 50% year-over-year, Chung believes electric vehicle(EV) full lifecycle ownership costs would be 36% lower when compared to traditional internal combustion engine (ICE) vehicles. Today, the average price for a gallon of gas in the U.S. sits near all-time highs at $4.97.</p><p>In his June 11$87 price reiteration, Chung noted the company’s listing on the <b>Singapore Exchange</b> and a recovery of production were both bullish factors. He is also bullish on the company’s expansion into Germany, the Netherlands and Sweden. He added:</p><p>“NIO gave very strong June sales guidance ceiling at 13k units, or 84% MoM, which may potentially implies 3Q volume may exceed 40k level (in our view), with ample re-rating upside risk ahead on margins and asset-turns.”</p><p>With Chung’s view in mind, let’s take a look at how other analysts view the Chinese EV company.</p><p><b>Morgan Stanley and Deutsche Bank Chime in on NIO</b></p><ul><li>Deutsche Bank has a price target of $45. Analyst Edison Yu acknowledges production has been threatened by the coronavirus and lockdowns in China in recent months. However, he expects volume to pick up toward the end of the year to 25,000 vehicles per month. This will “shift the narrative away from supply constraints to robust product supercycle.” For the full year, Yu expects 160,000 deliveries. In 2023, he expects that figure to double.</li><li>Morgan Stanley has a price target of $31. Analyst Tim Hsiao believes June sales between 11,000 and 13,000 EVs should “help NIOrestore investor confidence.” He adds that even if new models don’t generate positive free cash flow in the short term, the company’s portfolio of existing vehicles should still attract further customers. Finally, Hsiao characterizes Nio as a “laggard” in the startup EV space, but expects the trend to reverse soon.</li></ul></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Citi Just Slashed Its Price Target on NIO Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCiti Just Slashed Its Price Target on NIO Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-22 08:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citi lowered its Nio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in...</p>\n\n<a href=\"https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","NIO.SI":"蔚来","09866":"蔚来-SW"},"source_url":"https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142096558","content_text":"Citi lowered its Nio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in focus after Citi analyst Jeff Chung lowered his price target from $87 to $41.10 while maintaining his “buy” rating. The price target reduction comes as a surprise, as Chung reiterated the $87 level just ten days ago on June 11.Chung is ranked at 2,443 out of 7,892 total analysts on TipRanks.The analyst has an average return of 7.8% and a success rate of 55% over a one-year period. Meanwhile, shares of NIO stock are accelerating higher by about 10% today. Let’s get into the details of Chung’s price target reduction.Citi Lowers NIO Stock Price Target to $41.10While the analyst lowered his price target by about 53%, he still seems bullish on Nio’s prospects. In addition, $41.10 implies upside of about 80% from current prices. It’s likely that Chung lowered his price target to reflect current market conditions.If gasoline and lithium-carbonate prices increase by another 25% to 50% year-over-year, Chung believes electric vehicle(EV) full lifecycle ownership costs would be 36% lower when compared to traditional internal combustion engine (ICE) vehicles. Today, the average price for a gallon of gas in the U.S. sits near all-time highs at $4.97.In his June 11$87 price reiteration, Chung noted the company’s listing on the Singapore Exchange and a recovery of production were both bullish factors. He is also bullish on the company’s expansion into Germany, the Netherlands and Sweden. He added:“NIO gave very strong June sales guidance ceiling at 13k units, or 84% MoM, which may potentially implies 3Q volume may exceed 40k level (in our view), with ample re-rating upside risk ahead on margins and asset-turns.”With Chung’s view in mind, let’s take a look at how other analysts view the Chinese EV company.Morgan Stanley and Deutsche Bank Chime in on NIODeutsche Bank has a price target of $45. Analyst Edison Yu acknowledges production has been threatened by the coronavirus and lockdowns in China in recent months. However, he expects volume to pick up toward the end of the year to 25,000 vehicles per month. This will “shift the narrative away from supply constraints to robust product supercycle.” For the full year, Yu expects 160,000 deliveries. In 2023, he expects that figure to double.Morgan Stanley has a price target of $31. Analyst Tim Hsiao believes June sales between 11,000 and 13,000 EVs should “help NIOrestore investor confidence.” He adds that even if new models don’t generate positive free cash flow in the short term, the company’s portfolio of existing vehicles should still attract further customers. Finally, Hsiao characterizes Nio as a “laggard” in the startup EV space, but expects the trend to reverse soon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9043910409,"gmtCreate":1655860734201,"gmtModify":1676535720335,"author":{"id":"4100437715079400","authorId":"4100437715079400","name":"Looyusooi","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043910409","repostId":1142096558,"repostType":4,"repost":{"id":"1142096558","pubTimestamp":1655857301,"share":"https://www.laohu8.com/m/news/1142096558?lang=&edition=full","pubTime":"2022-06-22 08:21","market":"us","language":"en","title":"Citi Just Slashed Its Price Target on NIO Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1142096558","media":"InvestorPlace","summary":"Citi lowered itsNio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in ","content":"<html><head></head><body><ul><li>Citi lowered its <b>Nio</b>(<b><u>NIO</u></b>) price target to $41.10.</li><li>Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.</li><li>Share of NIO stock are down more than 30% year-to-date.</li></ul><p><b>Nio</b>(NYSE:<b><u>NIO</u></b>) is in focus after Citi analyst Jeff Chung lowered his price target from $87 to $41.10 while maintaining his “buy” rating. The price target reduction comes as a surprise, as Chung reiterated the $87 level just ten days ago on June 11.</p><p>Chung is ranked at 2,443 out of 7,892 total analysts on <i>TipRanks.</i>The analyst has an average return of 7.8% and a success rate of 55% over a one-year period. Meanwhile, shares of NIO stock are accelerating higher by about 10% today. Let’s get into the details of Chung’s price target reduction.</p><p><b>Citi Lowers NIO Stock Price Target to $41.10</b></p><p>While the analyst lowered his price target by about 53%, he still seems bullish on Nio’s prospects. In addition, $41.10 implies upside of about 80% from current prices. It’s likely that Chung lowered his price target to reflect current market conditions.</p><p>If gasoline and lithium-carbonate prices increase by another 25% to 50% year-over-year, Chung believes electric vehicle(EV) full lifecycle ownership costs would be 36% lower when compared to traditional internal combustion engine (ICE) vehicles. Today, the average price for a gallon of gas in the U.S. sits near all-time highs at $4.97.</p><p>In his June 11$87 price reiteration, Chung noted the company’s listing on the <b>Singapore Exchange</b> and a recovery of production were both bullish factors. He is also bullish on the company’s expansion into Germany, the Netherlands and Sweden. He added:</p><p>“NIO gave very strong June sales guidance ceiling at 13k units, or 84% MoM, which may potentially implies 3Q volume may exceed 40k level (in our view), with ample re-rating upside risk ahead on margins and asset-turns.”</p><p>With Chung’s view in mind, let’s take a look at how other analysts view the Chinese EV company.</p><p><b>Morgan Stanley and Deutsche Bank Chime in on NIO</b></p><ul><li>Deutsche Bank has a price target of $45. Analyst Edison Yu acknowledges production has been threatened by the coronavirus and lockdowns in China in recent months. However, he expects volume to pick up toward the end of the year to 25,000 vehicles per month. This will “shift the narrative away from supply constraints to robust product supercycle.” For the full year, Yu expects 160,000 deliveries. In 2023, he expects that figure to double.</li><li>Morgan Stanley has a price target of $31. Analyst Tim Hsiao believes June sales between 11,000 and 13,000 EVs should “help NIOrestore investor confidence.” He adds that even if new models don’t generate positive free cash flow in the short term, the company’s portfolio of existing vehicles should still attract further customers. Finally, Hsiao characterizes Nio as a “laggard” in the startup EV space, but expects the trend to reverse soon.</li></ul></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Citi Just Slashed Its Price Target on NIO Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCiti Just Slashed Its Price Target on NIO Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-22 08:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citi lowered its Nio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in...</p>\n\n<a href=\"https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","NIO.SI":"蔚来","09866":"蔚来-SW"},"source_url":"https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142096558","content_text":"Citi lowered its Nio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in focus after Citi analyst Jeff Chung lowered his price target from $87 to $41.10 while maintaining his “buy” rating. The price target reduction comes as a surprise, as Chung reiterated the $87 level just ten days ago on June 11.Chung is ranked at 2,443 out of 7,892 total analysts on TipRanks.The analyst has an average return of 7.8% and a success rate of 55% over a one-year period. Meanwhile, shares of NIO stock are accelerating higher by about 10% today. Let’s get into the details of Chung’s price target reduction.Citi Lowers NIO Stock Price Target to $41.10While the analyst lowered his price target by about 53%, he still seems bullish on Nio’s prospects. In addition, $41.10 implies upside of about 80% from current prices. It’s likely that Chung lowered his price target to reflect current market conditions.If gasoline and lithium-carbonate prices increase by another 25% to 50% year-over-year, Chung believes electric vehicle(EV) full lifecycle ownership costs would be 36% lower when compared to traditional internal combustion engine (ICE) vehicles. Today, the average price for a gallon of gas in the U.S. sits near all-time highs at $4.97.In his June 11$87 price reiteration, Chung noted the company’s listing on the Singapore Exchange and a recovery of production were both bullish factors. He is also bullish on the company’s expansion into Germany, the Netherlands and Sweden. He added:“NIO gave very strong June sales guidance ceiling at 13k units, or 84% MoM, which may potentially implies 3Q volume may exceed 40k level (in our view), with ample re-rating upside risk ahead on margins and asset-turns.”With Chung’s view in mind, let’s take a look at how other analysts view the Chinese EV company.Morgan Stanley and Deutsche Bank Chime in on NIODeutsche Bank has a price target of $45. Analyst Edison Yu acknowledges production has been threatened by the coronavirus and lockdowns in China in recent months. However, he expects volume to pick up toward the end of the year to 25,000 vehicles per month. This will “shift the narrative away from supply constraints to robust product supercycle.” For the full year, Yu expects 160,000 deliveries. In 2023, he expects that figure to double.Morgan Stanley has a price target of $31. Analyst Tim Hsiao believes June sales between 11,000 and 13,000 EVs should “help NIOrestore investor confidence.” He adds that even if new models don’t generate positive free cash flow in the short term, the company’s portfolio of existing vehicles should still attract further customers. Finally, Hsiao characterizes Nio as a “laggard” in the startup EV space, but expects the trend to reverse soon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9043931277,"gmtCreate":1655860299599,"gmtModify":1676535720171,"author":{"id":"3575357409343512","authorId":"3575357409343512","name":"Lalalanana","avatar":"https://static.tigerbbs.com/1dc07195419b4d0af32837fd05440883","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043931277","repostId":1142096558,"repostType":4,"repost":{"id":"1142096558","pubTimestamp":1655857301,"share":"https://www.laohu8.com/m/news/1142096558?lang=&edition=full","pubTime":"2022-06-22 08:21","market":"us","language":"en","title":"Citi Just Slashed Its Price Target on NIO Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1142096558","media":"InvestorPlace","summary":"Citi lowered itsNio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in ","content":"<html><head></head><body><ul><li>Citi lowered its <b>Nio</b>(<b><u>NIO</u></b>) price target to $41.10.</li><li>Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.</li><li>Share of NIO stock are down more than 30% year-to-date.</li></ul><p><b>Nio</b>(NYSE:<b><u>NIO</u></b>) is in focus after Citi analyst Jeff Chung lowered his price target from $87 to $41.10 while maintaining his “buy” rating. The price target reduction comes as a surprise, as Chung reiterated the $87 level just ten days ago on June 11.</p><p>Chung is ranked at 2,443 out of 7,892 total analysts on <i>TipRanks.</i>The analyst has an average return of 7.8% and a success rate of 55% over a one-year period. Meanwhile, shares of NIO stock are accelerating higher by about 10% today. Let’s get into the details of Chung’s price target reduction.</p><p><b>Citi Lowers NIO Stock Price Target to $41.10</b></p><p>While the analyst lowered his price target by about 53%, he still seems bullish on Nio’s prospects. In addition, $41.10 implies upside of about 80% from current prices. It’s likely that Chung lowered his price target to reflect current market conditions.</p><p>If gasoline and lithium-carbonate prices increase by another 25% to 50% year-over-year, Chung believes electric vehicle(EV) full lifecycle ownership costs would be 36% lower when compared to traditional internal combustion engine (ICE) vehicles. Today, the average price for a gallon of gas in the U.S. sits near all-time highs at $4.97.</p><p>In his June 11$87 price reiteration, Chung noted the company’s listing on the <b>Singapore Exchange</b> and a recovery of production were both bullish factors. He is also bullish on the company’s expansion into Germany, the Netherlands and Sweden. He added:</p><p>“NIO gave very strong June sales guidance ceiling at 13k units, or 84% MoM, which may potentially implies 3Q volume may exceed 40k level (in our view), with ample re-rating upside risk ahead on margins and asset-turns.”</p><p>With Chung’s view in mind, let’s take a look at how other analysts view the Chinese EV company.</p><p><b>Morgan Stanley and Deutsche Bank Chime in on NIO</b></p><ul><li>Deutsche Bank has a price target of $45. Analyst Edison Yu acknowledges production has been threatened by the coronavirus and lockdowns in China in recent months. However, he expects volume to pick up toward the end of the year to 25,000 vehicles per month. This will “shift the narrative away from supply constraints to robust product supercycle.” For the full year, Yu expects 160,000 deliveries. In 2023, he expects that figure to double.</li><li>Morgan Stanley has a price target of $31. Analyst Tim Hsiao believes June sales between 11,000 and 13,000 EVs should “help NIOrestore investor confidence.” He adds that even if new models don’t generate positive free cash flow in the short term, the company’s portfolio of existing vehicles should still attract further customers. Finally, Hsiao characterizes Nio as a “laggard” in the startup EV space, but expects the trend to reverse soon.</li></ul></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Citi Just Slashed Its Price Target on NIO Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCiti Just Slashed Its Price Target on NIO Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-22 08:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citi lowered its Nio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in...</p>\n\n<a href=\"https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","NIO.SI":"蔚来","09866":"蔚来-SW"},"source_url":"https://investorplace.com/2022/06/citi-just-slashed-its-price-target-on-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142096558","content_text":"Citi lowered its Nio(NIO) price target to $41.10.Despite the price reduction, Citi analyst Jeff Chung seems to remain bullish.Share of NIO stock are down more than 30% year-to-date.Nio(NYSE:NIO) is in focus after Citi analyst Jeff Chung lowered his price target from $87 to $41.10 while maintaining his “buy” rating. The price target reduction comes as a surprise, as Chung reiterated the $87 level just ten days ago on June 11.Chung is ranked at 2,443 out of 7,892 total analysts on TipRanks.The analyst has an average return of 7.8% and a success rate of 55% over a one-year period. Meanwhile, shares of NIO stock are accelerating higher by about 10% today. Let’s get into the details of Chung’s price target reduction.Citi Lowers NIO Stock Price Target to $41.10While the analyst lowered his price target by about 53%, he still seems bullish on Nio’s prospects. In addition, $41.10 implies upside of about 80% from current prices. It’s likely that Chung lowered his price target to reflect current market conditions.If gasoline and lithium-carbonate prices increase by another 25% to 50% year-over-year, Chung believes electric vehicle(EV) full lifecycle ownership costs would be 36% lower when compared to traditional internal combustion engine (ICE) vehicles. Today, the average price for a gallon of gas in the U.S. sits near all-time highs at $4.97.In his June 11$87 price reiteration, Chung noted the company’s listing on the Singapore Exchange and a recovery of production were both bullish factors. He is also bullish on the company’s expansion into Germany, the Netherlands and Sweden. He added:“NIO gave very strong June sales guidance ceiling at 13k units, or 84% MoM, which may potentially implies 3Q volume may exceed 40k level (in our view), with ample re-rating upside risk ahead on margins and asset-turns.”With Chung’s view in mind, let’s take a look at how other analysts view the Chinese EV company.Morgan Stanley and Deutsche Bank Chime in on NIODeutsche Bank has a price target of $45. Analyst Edison Yu acknowledges production has been threatened by the coronavirus and lockdowns in China in recent months. However, he expects volume to pick up toward the end of the year to 25,000 vehicles per month. This will “shift the narrative away from supply constraints to robust product supercycle.” For the full year, Yu expects 160,000 deliveries. In 2023, he expects that figure to double.Morgan Stanley has a price target of $31. Analyst Tim Hsiao believes June sales between 11,000 and 13,000 EVs should “help NIOrestore investor confidence.” He adds that even if new models don’t generate positive free cash flow in the short term, the company’s portfolio of existing vehicles should still attract further customers. Finally, Hsiao characterizes Nio as a “laggard” in the startup EV space, but expects the trend to reverse soon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":245,"commentSize":19,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1142096558"}