HSBC downgraded Nio (NIO) to Hold from Buy with a $4.50 price target
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Read More on NIO:
- Geely Auto sales 2.17M units in FY24, international market growth exceeded 53%
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- NIO Inc. Achieves Record Deliveries and Launches New Models in 2024
- NIO Breaks Delivery Records as EV Rivalry Intensifies
- Nio reports December deliveries up 73% to 31,138 vehicles