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

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Bernstein maintains Nio A ADR at 'market perform' with a price target of $8.00
Credit: © Reuters.

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 $9.00.

Prior to this rating, Nio A ADR had 18 buy ratings, 8 hold ratings, and 1 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 $10.88. They are down -25.63% in the last month and down -45.35% in the last 12 months.

According to Investing Pro, Nio A ADR's fair value is $12.86, an upside of 18.20%. Nio A ADR's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Nio A ADR's recent earnings performance and financials here.

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