Xpeng to launch cheaper EV brand amid fierce China price competition
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/17/2026
- Generac strikes $8B supply deal with Amazon for data center power
- Wall St ends lower after Fed hikes interest rates, sees more tightening ahead
- Paradium AI (PAAI) Halted, News Pending
- BofA Securities Reiterates Buy Rating on Apple (AAPL)
- Shipping stocks on fire — but cracks are forming in the rate rally
Morgan Stanley Positive on XPeng (XPEV) Post Earnings, 'March sales will likely grow to 8.2-9.7k units'
March 19, 2024 7:51 AM EDTMorgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $18.00 price target on XPeng (NYSE: XPEV)
The analyst comments "XPeng's net loss narrowed to Rmb1.35bn in 4Q23 (vs. Rmb3.9bn in 3Q23), better than our expectation of an Rmb2-2.2bn loss: 4Q revenue rose 53%... More
