$NIO Inc (NIO.US)$Time to Jump In,’ Says J.P. Morgan About N...

All things considered, Lai believes it’s time for investors to take a fresh look at Nio. He’s upgraded his rating from Neutral to Overweight (i.e. Buy) and raised his price target from $5.30 to $8, suggesting a potential 59% upside from current levels. (To watch Lai’s track record, click here)
The rest of Wall Street is taking a more measured approach, with 5 Buys, 5 Holds, and 1 Sell, resulting in a Moderate Buy consensus. The average target currently stands at $6.06, offering a potential upside of ~21%. (See Nio stock forecast)