๐ NIO $NIO pops 3% on Goldman Sachs Buy upgrade โ bank sees 46% upside on EV profit turnaround
Goldman Sachs upgraded NIO to Buy from Neutral today, setting a $7 price target that implies ~46% upside from last Friday's close. The bank expects fast volume growth, a premium margin profile, and a strong profit and free cash flow recovery for the Chinese EV maker in 2026. Rare green spot on an otherwise rough Monday for tech. Would you follow Goldman into NIO here? Not financial advice.
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