Morgan Stanley analyst Tim Hsaio notes XPeng unveiled the P7+ today, with its interior space and smart cockpit/driving features standing out among peers. All eyes will be on its pre-sale price, to be revealed in Paris on October 14, Morgan Stanley says, adding that the model could be a key volume driver for Q4 and 2025, in addition to the newly launched MONA M03. The firm has an Overweight rating on the shares with a price target of $11.70.
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