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Shares of Nio (NYSE:NIO) are down 4% to $3.92 in early Wednesday trading after J.P. Morgan cut the stock to Neutral from Overweight and lowered its price target to $4.50 from $7.00. The move stands out because the research note credits the company’s execution and blames the market it sells into. The peer group is […]
The move could make Nio eligible for the Stock Connect program, allowing mainland Chinese investors to buy its Hong Kong-listed shares.
XPeng Inc. (NYSE:XPEV) is one of the 10 Best Asian Stocks with Huge Upside Potential. On May 28, 2026, Macquarie analyst Eugene Hsiao upgraded XPeng Inc. (NYSE:XPEV) to Outperform from Neutral with an unchanged $19 price target after the company’s Q1 results. Hsiao cited XPeng’s margin-driven beat, including over 2 billion yuan in other revenue […]
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