Bernstein analyst Eunice Lee raised the firm’s price target on XPeng (XPEV) to $19 from $18 and keeps a Market Perform rating on the shares following a good Q1 print. The firm notes Q2 guidance was in line with G6 & G9 facelifts, M03 Max, and G7 expected to sustain momentum.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XPEV: