Xpeng to launch cheaper EV brand amid fierce China price competition
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Morgan Stanley Positive on XPeng (XPEV) Post Earnings, 'March sales will likely grow to 8.2-9.7k units'
March 19, 2024 7:51 AM EDTMorgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $18.00 price target on XPeng (NYSE: XPEV)
The analyst comments "XPeng's net loss narrowed to Rmb1.35bn in 4Q23 (vs. Rmb3.9bn in 3Q23), better than our expectation of an Rmb2-2.2bn loss: 4Q revenue rose 53%... More
