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Nio could be the 'next iconic auto brand,' says Deutsche Bank - CNBC

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Nio is emerging as a leader among China-based electric vehicle companies, and Deutsche Bank believes the company is just getting started.

The firm reiterated its buy rating and $24 target on the stock — a 27% upside from current levels — on Tuesday in a note titled "becoming the next iconic auto brand?"

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Nio could be the 'next iconic auto brand,' says Deutsche Bank - CNBC
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