Nio downgraded to Neutral from Outperform at Macquarie

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Nio downgraded to Neutral from Outperform at Macquarie

TIPRANKS11-21 02:16

Macquarie downgraded Nio (NIO) to Neutral from Outperform with a price target of $4.80, down from $6.60, after weaker demand for the core Nio brand...

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taytt
·11-21 06:48
This macquerie is trash. Their outlook is 12mths. They publish an upgrade 2 months and quickly changed their perspective..come on. Of course their rate is 80%. I feel nio earning with outlook and positive CASH FLOW is already a surprise. Dbl sale in 2025. Gross margin target at 15% and gradually to 20%. What wrongs with TBESE analyst. Join the wind, as always
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