U.S.-traded shares jumped more than 15% on Tuesday to a new all-time high after UBS upgraded the stock and dramatically raised the price target based on improving fundamentals.
"Our previous urgent concerns around balance sheet have been assuaged by successful capital raising in June, with strong global market appetite for the EV story and a recovery in China meaning limited dilution," analysts led by Paul Gong wrote in a note to clients Tuesday. The firm upgraded Nio to neutral from sell, but stopped short of placing a buy recommendation on the stock, citing the company's potential need to raise additional capital, among other things.
Pro electric and renewable energy is the future, that's why Tesla is soaring
Pro She is the new leader of the Democrat Party.
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UBS hires $3 billion DC-based private wealth team from Goldman Sachs - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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Stocks to buy, 19 companies for positive COVID-19 vaccine news: UBS - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. You can vaccinate as well, and leave those who do not want to do it. Once you have been vaccinated you should remain immune and therefore you should not be interested in another person if they are vaccinated or not. The obsession with the vaccine shows only tendencies, insane. ChrisStojcevski
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This $900 Billion UBS Advisor Bought Gold And Tech Stocks During The Downturn, Here’s Where She Thinks The Market Is Headed NowThis $900 billion UBS advisor bought gold and tech stocks during the downturn, here’s where she thinks the market is headed now: can you ask her if I can borrow $6000? Why isn't anyone showing how many home mortgages are in forbearance? That's a huge cliff! How about all those 401ks where the money has been taken out. The economy is not the stock market and it's disingenuous to have people who've never owned stock believe that it is!
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Key Hyundai affiliate aims to muscle into electric vehicle market as longtime suppliers turn to outsidersAs Tesla Inc accelerates the shift to electric cars, Hyundai Motor 's loyal suppliers have increasingly turned to 'outsiders' for parts - but now the South Korean carmaker's own supply company, Mobis, is plunging into the game.
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