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Deutsche Bank Reviews NIO (NIO) Earnings, Stays Buy Rated with $20 PT

November 10, 2022 7:07 AM EST

Deutsche Bank analyst Vincent Ha reiterated a Buy rating and $20.00 price target on NIO (NYSE: NIO).

The analyst comments "NIO reported mostly soft 3Q results, especially on margin, but provided a betterthan-feared 4Q volume outlook. Deliveries for the third quarter were already reported at 31,607... More