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Des79
2021-10-07

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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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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","content":"<p><b><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> </b>&nbsp;jumps in early trading after <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a> moves to a Buy rating on the electric vehicle maker after having a Neutral stance on it.</p>\n<p><img src=\"https://static.tigerbbs.com/336eaf8c6b70c9f830659cff60abe973\" tg-width=\"1062\" tg-height=\"571\" referrerpolicy=\"no-referrer\"></p>\n<p>The positive vibe from Goldman is based off Nio's (NIO)&nbsp;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.</p>\n<p>Goldman Sachs assigns a price target of $56 to rep more than 60% upside. 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