CLSA Upgrades XPeng to Buy, Announces $24 Price Target
Portfolio Pulse from richadhand@benzinga.com
CLSA analyst Ding Luo has upgraded XPeng (NYSE:XPEV) from Outperform to Buy and announced a $24 price target.
August 08, 2023 | 10:59 am
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POSITIVE IMPACT
XPeng's stock has been upgraded to Buy from Outperform by CLSA analyst Ding Luo, with a new price target of $24.
The upgrade from Outperform to Buy by a CLSA analyst indicates a positive outlook for XPeng. The new price target of $24 also suggests potential upside for the stock. This news is likely to be positively received by the market, potentially leading to an increase in XPeng's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100