Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Shivani Kumaresan

Citi Remains Bullish On This EV Company, Trims Price Target

Citi NIU Niu Technologies
  • Citi analyst Beatrice Lam lowered the price target on Niu Technologies (NASDAQ:NIU) to $35 from $39 and kept a Buy rating on the shares, implying a 303% upside.
  • Lam noted that the company reported "solid" fiscal 2021 earnings with 52% year-over-year growth in revenue.
  • The analyst trimmed the price target to factor in more conservative margin estimates due to recent commodity cost increases.
  • Related: Niu Technologies Stock Slides After Q4 Results; Clocks 47% Sales Growth
  • Price Action: NIU shares are trading higher by 1.73% at $8.83 in premarket on the last check Tuesday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Karen Hears A Flower Is Called “Gayfeather”, Throws A Homophobic Fit
Some people will take whatever opportunity they can to insult others. In some cases, the name of a simple plant can cause them to throw a fit and show their true colors. The post Karen Hears A Flower Is Called “Gayfeather”, Throws A Homophobic Fit first appeared on Bored Panda.
Bored Panda
Bored Panda
A moment that changed me: my feet appeared on a kink website that gets 20m views a month
Sexualising my lower digits was bad enough. To be given the equivalent of a pat on the head and told ‘nice try’ was an indignity too far
The Guardian - UK
The Guardian - UK
In 1991 a student from Akron, Ohio, won Axl Rose's apartment in Hollywood in an MTV competition: First, she had to evict him
"The bed's never been slept in - I'm not saying it hasn't been used" - Axl Rose
Metal Hammer
Metal Hammer
Colorado is home to the longest-running gay rodeo in the world
The Colorado Gay Rodeo Association has held a gay rodeo every year since 1983, making it the longest-running event of its kind in history.
The Conversation
The Conversation
“Met my guitar hero last night”: Grace Bowers finally meets Slash – whose Welcome to the Jungle solo inspired her to pick up guitar
The encounter served as a full-circle moment for Bowers, who started playing guitar after wanting to emulate Slash's effortless cool
Guitar World
Guitar World
Where Are The Dallas Cowboys Cheerleaders Now?
From weddings to new teams.
Marie Claire - AU
Marie Claire - AU
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play