Citi ups Niu Technologies target, opens 'downside catalyst watch'

By Yahoo! Finance | Nov 19, 2024 at 09:26 PM EST

Citi increased Niu Technologies' price target to $2 and maintains a Neutral rating due to worse-than-expected Q3 earnings. The firm warns of potential downsides in Q4, such as product mix deterioration and margin pressure, leading to lower earnings than anticipated.

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