Nio Stock Surges After Goldman Sachs Upgrade
Nio (NYSE: NIO) saw its stock rise by 3.7% after Goldman Sachs upgraded the electric vehicle maker to 'buy' from 'hold,' setting a $7 price target, which is 46% higher than Friday's close. The upgrade follows strong sales and expectations of profitability in 2027.
Topics: EV sales growth Goldman Sachs upgrade Nio