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
Nio downgraded to Neutral from Outperform at Macquarie
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