B of A Securities Upgrades XPeng to Buy, Raises Price Target to $22
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Ming Hsun Lee has upgraded XPeng (NYSE:XPEV) from Neutral to Buy and raised the price target from $16.3 to $22.
August 21, 2023 | 9:26 am
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POSITIVE IMPACT
XPeng's stock has been upgraded to Buy from Neutral by B of A Securities, with a raised price target of $22, up from $16.3.
The upgrade from Neutral to Buy and the increase in price target by B of A Securities indicates a positive outlook for XPeng. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100