Wall Street sets NIO stock price for the next 12 months
NIO(NIO) Finbold·2024-10-01 21:58
Amid strong results for the past quarter, which saw NIO Inc. (NYSE: NIO) meet expectations and break its own records in terms of vehicle deliveries, the Chinese multinational automobile manufacturer is yet to sway Wall Street analysts in terms of their price targets for its stock in the next 12 months. As it happens, NIO delivered a record 21,181 vehicles in September, bringing the total third-quarter deliveries to 61,855, which represents an 11.6% increase year-on-year (YoY), and lived up to the expectatio ...