Promising Electric Vehicle Stocks To Keep An Eye On - March 11th

Promising Electric Vehicle Stocks To Keep An Eye On - March 11th

Tesla, NIO, and Rivian Automotive are the three Electric Vehicle stocks to watch today, according to MarketBeat's stock screener tool. Electric vehicle stocks are shares of publicly traded companies whose core businesses are designing, manufacturing, or supporting electric vehicles — including auto

Nomura upgrades this electric vehicle manufacturer to buy, citing improving profitability

Nomura sees shares of Nio rising 16% from here.

Nomura Upgrades Nio to Buy for First Time Since 2023 Despite Price Target Cut

Japan’s largest brokerage upgraded Nio to Buy on Wednesday, its first bullish call on the Chinese electric vehicle maker in nearly three years, after the company posted its first-ever quarterly profit and delivered fourth-quarter results that exceeded guidance. Nomura analyst Frank Fan raised the rating from Neutral to Buy while cutting the price target to $6.60 from $8.40. The new target implies roughly 16% upside from Tuesday’s closing price o…