NIO Inc. (NYSE: NIO) witnessed a significant month-over-month increase in deliveries, with a 73.95% surge in June compared to May. The company delivered a total of 10,707 vehicles in June, surpassing the 6,155 vehicles delivered in the previous month. Among the June deliveries, 6,383 were premium smart electric SUVs, while 4,324 were premium smart electric sedans.

Throughout the second quarter, NIO has delivered a total of 23,520 vehicles. As of June 30, 2023, the cumulative deliveries of NIO vehicles reached 344,117.

On Friday, $NIO closed at $9.69, recording a gain of $0.30 (+3.19%).

In other news, Safehold Inc. (NYSE: SAFE), a real estate investment trust, received coverage initiation from RBC Capital Markets with an Outperform rating and a price target of $41.

Despite closing at $23.73 on Friday, the announced price target suggests a potential upside of $17.27 or approximately 72.8% for $SAFE, based on the investment firm's view.

Live Nation Entertainment, Inc. (NYSE: LYV), a leading live entertainment company, was maintained with a Buy rating by Citigroup, who raised the price target from $89 to $110.

With $LYV closing at $91.11 on Friday, the raised price target indicates a potential upside of $18.89 or approximately 20.7%, based on the investment firm's analysis.

Southwestern Energy Company (NYSE: SWN), an independent energy company, was initiated for coverage by Stifel with a Buy rating and a price target of $7.5.

Based on Friday's closing price of $6.01, the stated price target suggests a potential upside of $1.49 or approximately 24.8% for $SWN, according to the investment banking firm's perspective.

Callon Petroleum Company (NYSE: CPE), an independent oil and natural gas company, was maintained with a Buy rating by Mizuho, who raised the price target from $54 to $59.

Despite closing at $35.07 on Friday, the raised price target indicates a potential upside of $23.93 or approximately 68.2% for $CPE, based on the investment banking firm's assessment.

Occidental Petroleum Corporation (NYSE: OXY), an international oil and gas exploration and production company, received coverage initiation from Stephens & Co. with an Overweight rating and a price target of $72.

With $OXY closing at $58.80 on Friday, the announced price target suggests a potential upside of $13.20 or approximately 22.4%, according to the financial services firm's view.

The potential upsides highlighted for these companies are based on evaluations and recommendations from brokerage firms or analysts, reflecting their outlook on the future performance of each company. However, it is essential for investors to conduct their own research and consider other factors before making any investment decisions.

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