Nio Stock Surges On Friday - Here's Why - NIO (NYSE:NIO)

Shares of Nio Inc (NYSE:NIO) are trading higher in Friday's premarket session. This follows a fourth-quarter earnings report and a wave of positive Wall Street sentiment.Analysts Pivot to Bullish OutlookNomura upgraded the stock to Buy from Neutral following the results. The firm cited improving operational momentum as a primary driver.Analysts at Macquarie also raised their price forecast to $6.50. They pointed to improved vehicle margins and lower operating cash flow.Morgan Stanley remains Overweight with ...