J.P. Morgan upgraded Nio to Overweight, citing new product launches like SUVs under the Firefly brand, potentially boosting sales.
1 report, 1 independent
Updated Aug 26
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What happened
J.P. Morgan upgraded Nio to Overweight, citing new product launches like SUVs under the Firefly brand, potentially boosting sales.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Nio's delivery volumes are being boosted by contributions from the Firefly brand and the upcoming Onvo L90 launch.Sub-event
Analyst upgrade of Nio to Overweight due to new product line (SUVs) under the Firefly brand.1 source
Keep exploring
The entities involved
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J.P. Morgan & Co.
U.S. investment bank
Nothing else this week.
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Firefly
social networking service
Coverage
Newest first; wire copies grouped- Investing.comNio’s new SUV launches and auto show could lift sales, according to JPM Investing.com -- JP Morgan upgraded Chinese electric vehicle maker Nio to Overweight, saying demand for its new SUVs and a seri