Shares of Nio Inc. NIO, -1.41% jumped 2.7% in prime trading Wednesday after JP Morgan analyst Nick Lai raised its share price target to $ 14 from $ 11, saying he believes demand for new energy form (NEV) in China could accelerate. Meanwhile, Lai kept his assessment neutral, saying he …
Read More »Nio’s stock bounces after JP Morgan analyst raises target, but expects ‘pullback’ in the long run
