Quick Look from Big Banks: XPeng Motors receives "Recommended" rating! Wall Street bullish on Micron Technology!
Tianfeng Securities believes that the value of Xiaopeng's intelligent driving software is still being consistently underestimated! The firm is confident that the gross margin of the new G9 model can surpass double digits, and the company's 2024 technology licensing and fees will begin to generate substantial new revenue.
天风证券: Maintains a "recommended" rating for Xiaopeng Motors
The firm believes that Xiaopeng Motors' new G9 model can achieve a double-digit gross margin: first, the improvement in cost control by Wang Fengying after the organizational restructuring; second, the positive impact on the overall supply chain after the cooperation with Volkswagen; third, the technology and hardware in the field of intelligent driving hardware will bring at least a cost reduction of 6,000-8,000 yuan starting from 2024.
The firm believes that the value of Xiaopeng's intelligent driving software is still being consistently underestimated. After the popularization of urban NOA and commuting mode, intelligence will drive the leading product strength of the entire vehicle. Starting from 2024, technology licensing and fees will begin to realize new incremental revenue.
Goldman Sachs: Lowers Nike's target price by 6% to $136
If calculated based on the latest closing price of $95.62, this price implies a 42% upside potential!
Wedbush: Reiterates an "outperform" rating for Micron Technology, with a target price of $80
If calculated based on the latest closing price of $68.03, this price implies an 18% upside potential!
