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$NIO Inc (NIO.US)$ Morgan Stanley analyst Tim Hsiao notes th...

$NIO Inc (NIO.US)$ Morgan Stanley analyst Tim Hsiao notes that NIO's July sales increased 27% year-over-year but declined 22% month-over-month to 10,052 units, coming in at the low end of his forecast of 10K-11K. Tim Hsiao has target price of $31!
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