Chinese electric carmaker XPeng downgraded by Bernstein
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CFRA initiates XPeng (XPEV) at Sell; sees Chinese competition rising aggressively
March 28, 2023 1:47 PM EDTCFRA Research initiated coverage of XPeng Inc. (XPEV) with a Sell rating and an $8.00 price target on the stock as analyst, Aaron Ho sees competition in China rising aggressively in the next 2-3 years.
Ho Expects XPengs revenue momentum to sustain, driven by rising demand for electric vehicles.... More
