NIO-SW

NIO Inc. USD OV

<p>DBS analyst Rachel Miu highlights a potential opportunity in Nio (NYSE:NIO) stock despite its struggles, including an 86% decline over three years. Key points include record deliveries in Q3, a recent Rmb3.3 billion cash infusion improving financial stability, and expansion plans in the Middle East. Miu rates Nio shares a Buy, raising the price target to $20.3, suggesting a 53% appreciation. The overall analyst consensus is a Moderate Buy, forecasting ~21% returns over the next year.</p>

- Nio (NYSE:NIO) has faced significant challenges, with shares down 86% over three years due to increased competition and profitability issues.  
- Despite these difficulties, analyst Rachel Miu highlights Nio's record deliveries, improved financial position from a recent investment, and expansion into new markets as reasons for optimism.  
- Miu rates NIO shares a Buy, raising the price target to $8, suggesting a potential 53% appreciation over the next year, while the overall analyst consensus is a Moderate Buy.

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DBS Pounds the Table on Nio Stock

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