NIO stock makes a strong comeback, what is the outlook?
NIO (NYSE:NIO) shares recovered sharply after Tuesday’s sectorwide sell-off as investors looked ahead to next week’s earnings report. It recently closed at $51.86, fluctuating in a day’s range from $47.7501 to $52.07. Morgan Stanley has an Overweight rating on NIO’s shares and set an $80 price target. NIO stock had taken a beat on Tuesday […]
