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<Research>G Sachs Raises NIO-SW's TP to HKD55 w/ Higher Sales Forecasts
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Goldman Sachs has released a report raising its 2026-30 sales forecasts for NIO-SW (09866.HK) by 6-11%, given that the enhanced market competitiveness of its recent models L90 and ES8 fueled continuous sales growth over the past quarter. NIO-SW has accelerated its new model product line layout to 2026, planning to launch two new models, namely the L80 and the ES9, and another revamped model ES7, which are expected to further boost sales momentum. Goldman Sachs lifted NIO-SW's target price from HKD33.3 to HKD55, but it kept the Neutral rating unchanged due to limited upside potential. AAStocks Financial News |
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