B of A Securities Maintains Neutral on XPeng, Lowers Price Target to $9.8
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ming Hsun Lee maintains a Neutral rating on XPeng (NYSE:XPEV) and lowers the price target from $11 to $9.8.

May 25, 2023 | 1:49 pm
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NEUTRAL IMPACT
B of A Securities maintains a Neutral rating on XPeng and lowers the price target from $11 to $9.8.
The lowered price target by B of A Securities analyst Ming Hsun Lee may have a neutral impact on XPeng's stock price in the short term. The Neutral rating suggests that the analyst does not expect significant price movement, and the lowered price target may already be factored into the current stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100