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Xpeng Inc.: Optimistic growth outlook thanks to technological innovation and increasing supply
JPMorgan has issued a positive outlook on the stock of the Chinese electric vehicle manufacturer Xpeng Inc. $XPEV with a price target of USD 14, implying a potential upside of 34 % from the previous closing price 10.62 USD. Analyst Nick Lai cites several reasons for his bullish stance...
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I don't know about you, but I'm going to take advantage of Xpeng $XPEV's drop to $8 today to expand my portfolio to include electric car makers. It may not make sense to everyone, for me $8 was a buy target. Sales, profits and even their deliveries may not be impressive to everyone, but guys, if you like cars, check out the XPeng P7 and the reviews right away. I'm telling you,...
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Interesting company, but I don't really like China, so I'm just adding it to my watchlist for now.