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KwokMeng
2021-10-07

Sounds good.

Nio gains after Goldman Sachs points to 60% upside potential

$NIO Inc.$ jumps in early trading after $Goldman Sachs$ moves to a Buy rating on the electric vehicle maker after having a Neutral stance on it.The positive vibe from Goldman is based off Nio's positioning with the ET7 model in the same class as the Mercedes S-class and BMW 7 series. Looking toward the end of the year, the Nio Day event in December is seen as a potential share price catalyst.Goldman Sachs assigns a price target of $56 to rep more than 60% upside. Shares of Nio areup 4.87%in p

Nio gains after Goldman Sachs points to 60% upside potential

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