Simple Joe
2022-11-18

$NIO Inc.(NIO)$ 

Barclays analyst Jiong Shao cut Nio's price target to $18 per share from $19, citing cost concerns.

UBS analyst Paul Gong is even more bearish about Nio now, having slashed the EV stock's price target to $13 today from $32.

It appears most analysts were compelled to slash their price targets on Nio stock just because it dropped to as low as $10 per share. 

Buy Nio notes or Nio stock?
NIO’s fell 17% on plans to raise $1 billion via convertible bonds. -------- Are you a badholder of NIO stock? Will you buy Nio notes or Nio stock? How do you view its convertible bonds?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • YiCheng0301
    2022-11-18
    YiCheng0301
    Change battery just need too much of capex at starting stage
  • Shirleyopy
    2022-11-18
    Shirleyopy
    Not sure of analyst way of reviewing shares
  • HNT
    2022-11-18
    HNT
    Thks
  • Kangaroo2021
    2022-11-18
    Kangaroo2021
    K
  • cyberage79
    2022-11-18
    cyberage79
    nice
  • Desna10
    2022-11-18
    Desna10
    ok
Leave a comment
18