https://wccftech.com/nio-upgraded-by-jp-morgan-to-40-per-share-as-the-bank-conceded-that-it-missed-the-stocks-major-rally-ytd/

NIO (NYSE:NIO) shares are up nearly 10 percent in today’s pre-market trading session amid reports that JP Morgan (NYSE:JPM) has significantly upgraded the rising EV star’s target stock price.

NIO (NYSE: NIO) Shares in the Spotlight as the CEO Indicates Plans To Increase the Annual Production Capacity To 300,000 EVs