CICC: Maintains XPENG-W "Outperform" rating with a target price of HKD 46

Zhitong
2024.07.24 08:28

CICC released a research report stating that XPeng-W is collaborating with Volkswagen Group. It is expected that this cooperation will bring substantial profits to XPeng-W in the next 5 to 6 years. The bank maintains a "outperform" rating on XPeng-W, with a target price of $12 for US stocks and HK$46 for Hong Kong stocks

Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.