How Will NIO Move After Earnings?
NIO released its mixed quarterly report. Revenue reached 17.1 billion RMB, a year-on-year increase of 6.5%, surpassing analysts' expectations of 16.8 billion RMB. However, in terms of profitability, the gross profit margin for the fourth quarter was 7.5%, far below analysts' expectations of 10.2%. ------------ How will Nio move after earnings? What's your target price?
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