NIO Stock Got a Downgrade. Here's a Laundry List of Woes From Goldman.
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Goldman Sachs has downgraded NIO stock, citing a series of challenges that could lead to continued selling into 2025.
November 25, 2024 | 2:30 pm
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Goldman Sachs has downgraded NIO stock, indicating potential continued selling pressure into 2025 due to various challenges.
The downgrade by a major financial institution like Goldman Sachs is significant and suggests that NIO may face ongoing challenges. This could lead to further selling pressure on the stock, impacting its short-term price negatively.
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IMPORTANCE 90
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