CLSA Upgrades XPeng to Outperform, Raises Price Target to $13.1
Portfolio Pulse from richadhand@benzinga.com
CLSA analyst Ding Luo has upgraded XPeng (NYSE:XPEV) from Buy to Outperform and raised the price target from $10 to $13.1.
June 30, 2023 | 9:23 am
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POSITIVE IMPACT
XPeng's stock has been upgraded to Outperform by CLSA, with a raised price target of $13.1.
The upgrade from Buy to Outperform by CLSA analyst Ding Luo indicates a positive outlook for XPeng. The raised price target from $10 to $13.1 also suggests that the analyst expects the stock to perform well in the short term. This could potentially lead to an increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100