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Goldman sachs wei to automobile stock buy rating target price of $10.70

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Goldman sachs wei to automobile stock buy rating target price of $10.70
Tencent technology - According to foreign media reports, Goldman sachs investment research report released today, began to track wei to auto stocks (NYSE: NIO), initial rating to "buy", target evaluating price was $10.70. Yesterday, wei to car issued earnings in the fourth quarter of 2018. Total revenue of RMB 3.4356 billion ($499.7 million), increased by 133.8% compared with last quarter. Net loss of 3.503 billion yuan ($509.5 million), the same quarter grew by 24.6%, compared with the same period in 2017 increased by 106.1%. Not according to us gaap, net loss of 3.3613 billion yuan ($488.9 million), the same quarter grew by 41.3%, compared with the same period in 2017 increased by 102.1%. In the fourth quarter of 2018, ES8 output to 8069 vehicles, compared to the third quarter...
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