JPMorgan no longer recommends selling Nio stock

Nio Inc (NYSE: NIO) is pushing further to the upside in premarket on Wednesday after a JPMorgan analyst removed his bear rating from shares of the electric vehicles company. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Nio stock receives an upgradeCopy link to sectionNick Lai expects battery as a service (BAAS) strategy of the EV firm to be a meaningful tailwind for its share price.  He upgraded Nio stock this morning to “neutral” and said:By succe ...