JP Morgan Maintains Neutral on XPeng, Lowers Price Target to $16
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Nick Lai has maintained a Neutral rating on XPeng (NYSE:XPEV) and lowered the price target from $18 to $16.
August 21, 2023 | 2:54 pm
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NEGATIVE IMPACT
JP Morgan has maintained a Neutral rating on XPeng and lowered the price target from $18 to $16.
The lowering of the price target by JP Morgan indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on XPeng's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100