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Nio Stock Hits Four-Month High After First Quarterly Profit and Wall Street Upgrades

By Trader Edge at 2026-03-16 13:31

Sentiment: Positive

TLDR Nio stock hit a four-month high, up nearly 6% on Friday and around 20% since its Q4 earnings report HSBC upgraded NIO to ‘Buy’ with a $6.80 price target; Nomura also upgraded to ‘Buy’ with a $6.60 target Nio posted its first-ever quarterly profit of 282.7 million yuan on revenue of $4.95 billion Q4 [...] The post Nio Stock Hits Four-Month High After First Quarterly Profit and Wall Street Upgrades appeared first on CoinCentral. Continue reading...

Categories: Stocks

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