Buy NIO Stock Now, Says Citi. New Products Are Coming. - Barron's
1. Citi analyst predicts 50% shipment increase for NIO in Q2. 2. NIO expected to launch 10 new models by year's end. 3. NIO's ADRs rose 5.5% in early trading. 4. Analyst Chung has a $8.10 target price for NIO shares. 5. 43% of analysts currently rate NIO stock as a Buy.