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flag NIO's stock drops as Mizuho lowers its target, citing poor financials and a "Hold" rating.

flag NIO's stock fell 1.4% after Mizuho lowered its price target to $3.50, citing poor recent financials including a loss of $0.47 per share and lower revenue than expected. flag The company's negative financial metrics and lower-than-average trading volume reflect ongoing challenges despite a planned focus on electric vehicle sales in China. flag With a "Hold" consensus rating and significant institutional ownership, investors remain cautious but watchful for potential growth.

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