Bernstein maintains Nio A ADR at 'market perform' with a price target of $8.00

An analyst from Bernstein maintained Nio A ADR (NYSE: NIO ) at 'market perform' with a price target of $8.00 from a prior price target of $11.00.
Prior to this rating, Nio A ADR had 1 buy ratings, 0 hold ratings, and 0 sell ratings.
For consensus analyst estimates and price targets on Nio A ADR, click here. For more news on Nio A ADR, click here.
Nio A ADR's stock price closed at $7.73. They are down -2.77% in the last month and down -51.66% in the last 12 months.
According to Investing Pro, Nio A ADR's fair value is $10.71, an upside of 38.59%. Nio A ADR's fair value comes with a high degree of uncertainty, according to InvestingPro.
Check out Nio A ADR's recent earnings performance and financials here.

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