B of A Securities Maintains Neutral on XPeng, Raises Price Target to $11.7
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ming Hsun Lee maintains a Neutral rating on XPeng (NYSE:XPEV) and raises the price target from $9.8 to $11.7.

June 16, 2023 | 3:35 pm
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NEUTRAL IMPACT
B of A Securities maintains a Neutral rating on XPeng and raises the price target from $9.8 to $11.7.
The news of B of A Securities maintaining a Neutral rating on XPeng and raising the price target from $9.8 to $11.7 indicates that the analyst sees potential in the stock but remains cautious. This may not have a significant short-term impact on the stock price, as the rating remains unchanged. However, the increased price target may attract some investors' attention.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100