Nio Stock Surges After Goldman Sachs Upgrade to 'Buy'

Electric vehicle maker Nio's stock rose by 3.7% following an upgrade from Goldman Sachs, which raised its rating to 'buy' with a $7 price target—46% higher than the previous close. The move comes as analysts anticipate strong revenue growth and potential profitability for Nio in 2027.

By Howard Smith · Motley Fool ·

Nio Stock Surges After Goldman Sachs Upgrade to 'Buy'

Tickers: $GS $NIO

Topics: electric vehicles goldman sachs upgrade nio stock price

Read the full article at Motley Fool

More World news