EHang Reports First Quarter 2024 Unaudited Financial Results
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Morgan Stanley Reiterates Overweight Rating on EHang Holdings (EH)
May 20, 2024 12:29 PM EDTMorgan Stanley analyst Cindy Huang reiterated an Overweight rating and $27.50 price target on EHang Holdings (NASDAQ: EH)
The analyst comments "EHang reported narrowing net loss of RMB63.4mn in 1Q24 (vs. Rmb87/72.5mn in 1Q23/4Q23) thanks to operating leverage. The company delivered 26 units of EH216 series product during... More
