NIO downgraded and price target cut by Goldman Sachs

NIO, a Chinese electric vehicle manufacturer, has been downgraded from Neutral to Sell by Goldman Sachs. Additionally, Goldman Sachs has reduced NIO's price target from $4.80 per share to $3.90 per share. This ratings action by Goldman Sachs indicates a negative outlook for NIO's stock performance.

Latest News

11-25
NIO Stock Got a Downgrade. Goldman Has This Laundry List of Woes
NIO Stock Got a Downgrade. Goldman Has This Laundry List of Woes
11-25
NIO Stock Got a Downgrade. Here's a Laundry List of Woes From Goldman. -- Barrons.com
NIO Stock Got a Downgrade. Here's a Laundry List of Woes From Goldman. -- Barrons.com
11-25
NIO Cut to Sell From Neutral by Goldman Sachs
NIO Cut to Sell From Neutral by Goldman Sachs
11-25
Goldman Sachs Downgrades NIO to Sell, $3.90 Price Target
Goldman Sachs Downgrades NIO to Sell, $3.90 Price Target

User Discussion

So it seems people will not hold now.