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Fly News Breaks for March 7, 2019
NIO
Mar 7, 2019 | 07:22 EDT
Goldman Sachs analyst Fei Fang reinstated NIO Inc with a Buy and $10.70 price target. Fang said shares have corrected following Q4 results and sees key drivers that include a light business model, successful premium segment branding, economically constrained competitors, and a large volume opportunity for the ES6.
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