XPeng (XPEV) gains in US on Hang Seng China Enterprises Index Inclusion
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XPeng (XPEV) remains overweight at Morgan Stanley as sales pick up in February
March 1, 2023 7:51 AM ESTMorgan Stanley reiterated an Overweight rating and $12.00 price target on XPeng (NYSE: XPEV) after the electric vehicle company reported that it delivered 6,010 units in February. A 15% increase over Januarys numbers.
Rmb20-36k price cuts in mid-January seemed to provide... More
BYD says price cuts were part of promotions by some dealers
February 27, 2023 7:27 AM ESTChinese conglomerate and auto maker, BYD Company is down 1.65% today in Chinese markets after reports that the company cut prices on their vehicles. However, the company replied to reports, saying that the price cuts were not its official move, after the matter sparked discussion over the... More
HSBC Downgrades XPeng (XPEV) to Hold
February 24, 2023 9:37 AM ESTHSBC analyst Yuqian Ding downgraded XPeng (NYSE: XPEV) from Buy to Hold.
For an analyst ratings summary and ratings history on XPeng click here. For more ratings news on XPeng click here.
Shares of XPeng closed at $9.05 yesterday.
... More