XPENG Announces Vehicle Delivery Results for February 2023

Go back to XPENG Announces Vehicle Delivery Results for February 2023

XPeng (XPEV) remains overweight at Morgan Stanley as sales pick up in February

March 1, 2023 7:51 AM EST

Morgan 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