Research Note
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China Securities initiates coverage on Nio with Buy rating and $54 price target
China Securities analysts expect Nio to achieve single-quarter profitability in the coming quarters.
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Daiwa Securities says it's reasonable if Tesla adds BYD as new LFP battery supplier
Daiwa Securities believes that 10 GWh of installed battery capacity could translate into close to 200,000 vehicles, which could be supplied not only to the Shanghai plant, but also to factories in Berlin or the US.
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Deutsche Bank ups Xpeng price target to $57, raises expectations for next year's deliveries to 190k
Edison Yu's team believes that the biggest overhang on the stock is investor caution on Chinese ADRs, but that sentiment could bottom out heading into year-end.
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Nomura initiates coverage on Li Auto with Buy rating and $43.4 price target
Nomura believes that Li Auto's solution not only reduces mileage anxiety, but also allows the company to unlock markets in regions where charging infrastructure is scarce.
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BOC International initiates coverage on Xpeng with Buy rating and $50 price target
The team believes Xpeng is expected to differentiate itself in the smart electric vehicle era through rapid software iteration and seamless integration with hardware.
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CITIC Securities initiates coverage on Nio with Buy rating and $45 price target
CITIC Securities believes that the low- and mid-end EV market is highly competitive, while the high-end market in which Nio is present has fewer players and huge room for growth.
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CICC says Xpeng's strong delivery performance reflects right strategy
CICC maintained its Outperform rating on Xpeng and reiterated its HK$215 price target on the company's Hong Kong-traded shares.
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Analyst says battery swap stations won't put big financial strain on Nio
This analyst said Nio's battery swap stations provide a differentiated experience for customers and will not cause significant financial stress in the short, medium or long term.
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Industrial Securities initiates coverage on Nio with Buy rating and $49.5 price target
Industrial Securities says Nio is expected to reach new levels of deliveries and profitability is expected to improve significantly as the new vehicle cycle kicks off in 2022.
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Goldman Sachs raises Nio rating to Buy, bullish on ET7's potential
Goldman upgraded Nio from Neutral to Buy with an unchanged price target of $56, corresponding to a 65 percent upside.
