Citi raises Nio price target to $72 from $58.3
Citi raised its price target on Nio by 23.5 percent, citing expectations for strong growth in the company's shipments.
Analysts say Zeekr’s independent financing plan good for Geely’s valuation
Zeekr, the electric vehicle brand of Chinese automaker Geely Group, announced last week that it will raise money independently, a move that…
CICC raises CATL price target after new deal with Tesla
China's top CICC raised its price target on local power battery giant CATL after the company announced Monday that it has extended its battery…
Deutsche Bank says investors underappreciate Nio’s potential in overseas markets, reiterates Buy rating
Nio announced plans to enter overseas markets a month ago, with Norway as the first stop. In the view of Deutsche Bank analyst Edison Yu's…
CICC sees Nio ET7 as still top of the line in terms of specs when it is delivered next year
"We believe that with the hardware specifications and the company's full-stack R&D capabilities, Nio is on track to reach industry…
Analysts explain why Nio, Xpeng, Li Auto stocks fell early in the year and why they may have reached inflection point
Nio, which rose more than 10 times in 2020, has seen its biggest pullback this year at 54%, Xpeng at 62%, and Li Auto at 58%.
Citi upgrades Nio to Buy, raises price target to $58.3
Citi's price target implies the bank sees 51% upside for Nio shares, which were closed at $38.62 as of Friday.
Analysts explain why Li Auto ditches Mobileye in favor of local self-driving chip
Mobileye's ecosystem is more closed and a local chip can provide Li Auto with a greater control.
Deutsche Bank cuts Li Auto price target to $27, says EV maker shows encouraging signs but not game-changing
Edison Yu's team maintained a Hold rating on Li Auto but lowered its price target by $5 to $27 amid the broader re-rating in EV-related assets.
Analysts praise Li Auto’s move to ditch Mobileye in favor of local chips
To analysts, this is not only a smart move by Li Auto, but also heralds the upgrade of China's auto industry chain.