Key PointsOne Wall Street analyst thinks Nio will see record quarterly sequential growth.New EV offerings could help the stock surge, according to the Citigroup analyst.Nio displayed one of its two new brands at the Shanghai Auto Show last week.Shares of Chinese electric vehicle (EV) maker $NIO Inc.(NIO)$ have soared by almost 40% since the first week of April. One Wall Street analyst thinks that's just the beginning. Not only that, Citigroup analyst Jeff Chung believes more moves higher are imminent.In a report Chung released on Sunday, the analyst placed Nio on a 30-day positive "catalyst watch," reports Barron's. Chung even thinks the stock is worth $8.10 per share, which would represent a more than 100% gain from where it traded at the time of
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