Citigroup Upgrades XPeng to Neutral, Raises Price Target to $8.3
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jeff Chung has upgraded XPeng (NYSE:XPEV) from Sell to Neutral and raised the price target from $7.7 to $8.3.

June 25, 2024 | 12:56 pm
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Citigroup analyst Jeff Chung has upgraded XPeng from Sell to Neutral and raised the price target from $7.7 to $8.3.
The upgrade from Sell to Neutral and the increase in the price target from $7.7 to $8.3 by a reputable analyst at Citigroup is likely to have a positive short-term impact on XPeng's stock price as it reflects improved sentiment and confidence in the company's prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100