XPeng Announces Vehicle Delivery Results for May 2021

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XPeng (XPEV) Mentioned Positively at Morgan Stanley, 'aggregate sales are tracking ahead'

June 1, 2021 7:26 AM EDT

Morgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $57.00 price target on XPeng (NYSE: XPEV).

The analyst comments "Xpeng reported May-21vehiclesales of5,686 units, representing MoM growth of 10% and consisting of: 1) 1,889 units of G3(-12% MoM);and 2) P7's record sales of... More