UBS starts NIO coverage with Buy rating and HK$43 price target
AI Summary- UBS initiated NIO coverage with a Buy recommendation and HK$43.00 target.
- 58% delivery growth lifted NIO’s first-eight-month total to 262,893 vehicles.
- NIO’s 2025 net loss fell 33% to $2.14 billion, while full-year profitability remained unmet.