Bernstein raised the firm’s price target on XPeng (XPEV) to $18 from $14 and keeps a Market Perform rating on the shares following quarterly results. The firm notes that the company’s Q4 delivered as expected.
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Read More on XPEV:
- XPeng’s Strong Sales and Promising Model Pipeline Justify Buy Rating and Increased Price Target
- Optimistic Buy Rating for XPeng, Inc. Driven by Financial Improvements and Strategic Initiatives
- Daiwa downgrades XPeng to Hold on ‘stretched’ valuation
- XPeng downgraded to Hold from Buy at Daiwa
- XPeng Inc. Reports Strong Revenue Growth in 2024
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