Stocks
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Deutsche Bank raises NIO price target by 30% to $34, reiterates Buy rating
Analysts at Deutsche Bank on Tuesday raised their price target on NIO by 30 percent to $34 and reiterated their Buy rating following another record monthly sales for the Chinese EV maker.
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CICC sees NIO, BYD out of its valuation system, but near-term trend remains strong
As the shares of Chinese new energy vehicle companies such as NIO and BYD have been rising, their valuations have come to very high levels, raising doubts among many investors. But in the view of Chinese investment bank CICC, although their valuations have gone into no man's land, the short-term trend is still strong driven by positive data.
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CNBC's Jim Cramer on NIO: I admit that I was late to the party
CNBC's "Mad Money" host Jim Cramer said Chinese electric vehicle (EV) maker NIO (NYSE: NIO) did take off and he admits that he was late to the party.
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CICC says BYD's Q4 guidance has room for upward revision, raises price target on H shares by 45%
China's top investment bank CICC has raised its 2020/2021 net profit forecast on BYD by 11%/3% to RMB 4.5/5.4 billion due to profit boost from higher sales of BYD's premium car model Han.
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NIO shares surge 10% pre-market as its October deliveries up by 100% year-on-year
Chinese electric vehicle (EV) maker NIO (NYSE: NIO) shares surged 10 percent to $33.69 in pre-market trading, as its October deliveries went up at another high rate.
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CLSA reaffirms buy of BYD HK shares, raises price target by 45%
CLSA reiterated its "buy" recommendation on Hong Kong-traded BYD Company Limited (01211.HK) in a recent report, raising the target price by 45% from HK$131 to HK$190, which is 9.38% higher than the company's closing price on Monday.
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BYD could see first profit growth in four years this year
Following a triple-digit jump in net profit in the second quarter, BYD's third-quarter results ushered in even stronger growth, which is expected to push the company's annual earnings to finally bottom out.
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This analyst has a cautious view of NIO
Ark Invest analyst Tasha Keeney recently pointed out that there are still major differences between NIO and Tesla, which means that the former's prospects may not be so easy to judge.
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Why did Buffett invest in BYD and not Tesla?
BYD shares traded in Hong Kong rose as much as 300% during the year.
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Meet the young people who are betting heavily on NIO
In the US stock market, there is a special group of stockholders. They were convinced by the charisma of the founder, and believed that its future could be comparable to Tesla.