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<Research>Citi Lifts NIO-SW (09866.HK) TP to $65.9, Opens 30-day Upside Catalyst Watch
Recommend 3 Positive 8 Negative 0 |
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NIO-SW (09866.HK) showed excellent BEV sales performance, with strong orders for the L90 and ES8 models, Citi Research issued a research report saying. The broker raised its 2026/ 2027 sales forecasts to 500,000/ 571,000 units, and its gross profit margin forecasts to 16.8%/ 18.1%, respectively. Considering the improved visibility of BEVs at the industry level, Citi Research lifted its target prices for NIO-SW's H-shares/ US stock from $62.5/ US$8.1 to $65.9/ US$8.6, with rating kept at Buy. Therefore, Citi Research also added NIO-SW to its 30-day Upside Catalyst Watch list. AASTOCKS Financial News Website: www.aastocks.com |
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