Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

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

Top stories on inkl right now

St. Petersburg City Council Reverses Decision On Ballpark Repairs

St. Petersburg City Council Reverses Decision On Ballpark Repairs

St. Petersburg City Council's decision on Tropicana Field roof repair impacts future of Rays ballpark. MLB support noted.

Florida parents caught on camera attacking school officer who disciplined their son for pushing a girl

Florida parents caught on camera attacking school officer who disciplined their son for pushing a girl

Jorge Rivera and his wife Dagmarie Aponte Iturrino attended a meeting with a school resource officer on Tuesday, before the situation escalated

The Independent UK

Trump Transition Delay Raises Concerns Over Security Clearances

Trump Transition Delay Raises Concerns Over Security Clearances

Delays in transition process for Trump administration may impact security clearances and vetting of nominees, potentially affecting national security prepa...

Supreme Court Urged To Overturn Mississippi's Felony Voting Ban

Supreme Court Urged To Overturn Mississippi's Felony Voting Ban

Legal challenge to Mississippi's felony disenfranchisement laws reaches U.S. Supreme Court, highlighting racial disparities and constitutional concerns.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Tensions rise as teachers remain on the picket line in 3 Massachusetts communities

Tensions rise as teachers remain on the picket line in 3 Massachusetts communities

Tensions continued to rise as teacher strikes in three Massachusetts communities slogged through another week

The Independent UK

Lawsuit challenges Hawaii's gun ownership ban for young adults

Lawsuit challenges Hawaii's gun ownership ban for young adults

A new lawsuit takes aim at Hawaii’s ban on gun ownership for those 18 to 20 years old

The Independent UK

Related Stories

Top stories on inkl right now

St. Petersburg City Council Reverses Decision On Ballpark Repairs

St. Petersburg City Council Reverses Decision On Ballpark Repairs

St. Petersburg City Council's decision on Tropicana Field roof repair impacts future of Rays ballpark. MLB support noted.

Florida parents caught on camera attacking school officer who disciplined their son for pushing a girl

Florida parents caught on camera attacking school officer who disciplined their son for pushing a girl

Jorge Rivera and his wife Dagmarie Aponte Iturrino attended a meeting with a school resource officer on Tuesday, before the situation escalated

The Independent UK

Trump Transition Delay Raises Concerns Over Security Clearances

Trump Transition Delay Raises Concerns Over Security Clearances

Delays in transition process for Trump administration may impact security clearances and vetting of nominees, potentially affecting national security prepa...

Supreme Court Urged To Overturn Mississippi's Felony Voting Ban

Supreme Court Urged To Overturn Mississippi's Felony Voting Ban

Legal challenge to Mississippi's felony disenfranchisement laws reaches U.S. Supreme Court, highlighting racial disparities and constitutional concerns.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Tensions rise as teachers remain on the picket line in 3 Massachusetts communities

Tensions rise as teachers remain on the picket line in 3 Massachusetts communities

Tensions continued to rise as teacher strikes in three Massachusetts communities slogged through another week

The Independent UK

Lawsuit challenges Hawaii's gun ownership ban for young adults

Lawsuit challenges Hawaii's gun ownership ban for young adults

A new lawsuit takes aim at Hawaii’s ban on gun ownership for those 18 to 20 years old

The Independent UK

Our Picks

Cher Reveals the "Fiasco" That Ensued When She Performed for Princess Margaret in 1965: "I Was Mortified"

"It was like a bad dream that we couldn’t get out of; we just had to stand there and wait for it to be over."

From frozen to feast, how to safely defrost your Thanksgiving turkey

Experts have recommended three different methods to defrost your turkey for Thanksgiving dinner

The Independent UK

“One of the most important guitars in rock and roll history”: George Harrison’s Futurama smashes auction estimate and sets a new record with staggering $1.27 million sale

The oddball electric – which was used during the Beatles’ early years, and saw action in over 300 historic shows – becomes the most expensive electric guitar formerly owned by a Beatle to sell at auction

Keke Palmer: I'm living life on my own terms

Keke Palmer has revealed that she feels proud to be living life "on [her] own terms".

Crypto entrepreneur Justin Sun buys $6 million banana—and plans to eat it unless Elon Musk wants to send it to space

Sun outbid six others for the iconic work.

Paul Simon names the fan-favorite song he’ll never perform again

The folk rock icon said his hearing loss has limited the songs he can perform live

The Independent UK

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play