Deutsche Bank Maintains Buy on NIO, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Edison Yu has maintained a 'Buy' rating on NIO (NYSE:NIO) and raised the price target from $13 to $17.
August 11, 2023 | 11:13 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Deutsche Bank has maintained a 'Buy' rating on NIO and raised the price target from $13 to $17, indicating positive sentiment towards the stock.
The raised price target from Deutsche Bank indicates a positive outlook for NIO's stock. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100