Nio Inc – ADR (NYSE: NIO) shares are buying and selling increased by 1.75% at $41.80 Monday morning after CLSA analyst Soobin Park has initiated protection of the Chinese language electrical carmaker with a Purchase ranking and 12-month worth goal of $50.
Park expects Nio’s model worth, game-changing battery-swap mannequin and rising battery providers income to drive its top-line gross sales progress and grow to be worthwhile in 2023 … Learn Extra
Fb, Inc. Frequent Inventory (NASDAQ: FB) shares are buying and selling increased by round 0.4% at $302.30 after Credit score Suisse analyst Stephen Ju maintained an Outperform ranking on Fb with a worth goal lifted from $330 to $371.
Futu Holdings Ltd (NASDAQ: FUTU) shares are buying and selling increased by 0.8% at $145 after BofA Securities initiated protection on the inventory with a Purchase ranking and introduced a worth goal of $195 per share.
Ocugen Inc (NASDAQ: OCGN) shares are buying and selling increased by 16% at $11.19 after the White Home introduced it will instantly make accessible particular uncooked supplies wanted by India to make COVID-19 vaccines.
Ocugen’s accomplice will cost twice as a lot as its primary Indian rival AstraZeneca plc (NASDAQ: AZN).
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