VinFast at the start of a multi-year growth story, analysts believe
Portfolio Pulse from
VinFast Auto Ltd (NASDAQ:VFS) received an 'Outperform' rating from Wedbush analysts despite a mixed Q3 earnings report. Analysts see potential growth for the Vietnamese EV maker, maintaining an $8 price target. VFS shares rose 3.7% to $4.
November 27, 2024 | 8:30 pm
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VinFast Auto Ltd received an 'Outperform' rating from Wedbush analysts, who see a positive growth trajectory despite mixed Q3 earnings. The stock price target is set at $8, with shares trading up 3.7% to $4.
The 'Outperform' rating and positive growth outlook from Wedbush analysts are likely to boost investor confidence in VinFast, contributing to the 3.7% rise in stock price. The maintained $8 price target suggests potential upside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100