Nio Stock Has 10% Upside, According to 1 Wall Street Analyst
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Nio's stock has potential upside despite a recent price target cut by a Wall Street analyst. The Chinese EV maker is making progress, but this hasn't been reflected in its stock price.
February 07, 2025 | 1:45 pm
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Nio's stock has a potential 10% upside according to a Wall Street analyst, despite a recent price target cut by one-third. The company's progress is not yet reflected in its stock price.
The analyst's revised price target suggests a 10% upside, indicating potential growth. However, the cut in the price target by one-third reflects some concerns. The stock's lack of reflection of the company's progress suggests potential undervaluation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100