The Zhitong Finance App learned that Morgan Stanley released a research report saying that NIO SW (09866.HK) management reiterated that the company will prioritize driving profit growth through sales growth and operating leverage, and also reiterated that it will achieve the goal of non-GAAP (non-GAAP) adjusted profit this year. The bank gave NIO H Shares an “increase” rating, with a target price of HK$68.5.

The Zhitong Finance App learned that Morgan Stanley released a research report saying that NIO SW (09866.HK) management reiterated that the company will prioritize driving profit growth through sales growth and operating leverage, and also reiterated that it will achieve the goal of non-GAAP (non-GAAP) adjusted profit this year. The bank gave NIO H Shares an “increase” rating, with a target price of HK$68.5.