Zhitong
2024.07.24 08:28

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

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