JPMorgan analyst Nick Lai lowered the price target on NIO (NYSE: NIO) to $7.00 (from $8.00) while maintaining an Overweight rating.
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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
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Tracking this call
Since this note−30% NIO $5.04 → $3.54 (Oct 8) · moving away from the target
This call at 6 months✗ Not reached in six months: NIO closed at $4.62, 34% below the $7 target, and it moved the other way.
Firm track recordJP Morgan reached 62% of its 26 scored targets within six months (#23 of 31 firms); on NIO, 0 of 2. Accuracy ranking →
JP Morgan on NIO · target history
