CFRA initiates XPeng (XPEV) at Sell; sees Chinese competition rising aggressively
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CFRA Starts XPeng (XPEV) at Sell, 'We expect relatively small players like XPeng to face difficulties'
March 28, 2023 11:14 AM EDT(Updated - March 28, 2023 11:24 AM EDT)
CFRA analyst Aaron Ho initiates coverage on XPeng (NYSE: XPEV) with a Sell rating and a price target of $8.00.
The analyst comments "Our 12-month target price of USD8 implies a 2023 consensus P/B of 3.4x. We expect... More
Chinese electric carmaker XPeng downgraded by Bernstein
March 24, 2023 10:40 AM EDTBy Scott Kanowsky
Investing.com -- US-listed shares in XPeng Inc. (NYSE: XPEV) were trading lower on Friday after analysts at Bernstein downgraded their rating of the Chinese electric carmaker to market perform from outperform.
The move comes after XPeng... More
Bernstein Downgrades XPeng (XPEV) to Market Perform
March 24, 2023 8:37 AM EDTBernstein analyst Eunice Lee downgraded XPeng (NYSE: XPEV) from Outperform to Market Perform with a price target of $12.00.
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 $9.91 yesterday.
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Hummel wrote in a note, While we... More
