Brind.

Morgan Stanley reiterated a 'Buy' rating for Nio and lifted its price target, noting the L90 uses Nvidia's OrinX chip.

1 report, 1 independent Updated Jul 12

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Nio Inc.Morgan Stanley

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The entities involved

Nio Inc.
Chinese car company
- Nio Inc. and Tesla are facing market headwinds, while Geely has acquired a minority stake in Nio's power unit.Mon 16:10
- NIO Inc. is receiving analyst upgrades and research notes from DBS Bank, Bank of America, and Nomura.Sun 23:58
Morgan Stanley
U.S. investment bank
- Financial firms including Morgan Stanley, Truist Financial, Jefferies Financial Group, and CIBC issued rating and price objective updates for Clearway Energy.Mon 17:33
- Goldman Sachs, Morgan Stanley, JPMorgan Chase, and Bank of America are competing in the global investment banking sector.Mon 17:24

Coverage

Newest first; wire copies grouped

Jul 12GuruFocus.comWhy NIO Shares Are Soaring Today July 11 Nio Inc (NYSE:NIO) shares surged about 8% on Friday after Morgan Stanley reiterated its "Buy" rating and lifted the price target to RMB 5.90, following the de