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Business

Rachit Vats

UNCOVERED: Why this analyst is bullish on tesla nio rival xpeng | History Defined

Xpeng Li Tesla Inc. NIO Bo Pei XPEV NYSE Xpeng Inc Nasdaq

Chinese electric vehicle maker Xpeng Inc (NYSE: XPEV) is an attractive entry point at current levels as factors such as competition and supply chain constraints have been priced in, according to brokerage firm US Tiger Securities Inc.

The Xpeng Analyst: US Tiger Securities analyst Bo Pei has upgraded the stock to ‘buy’ from ‘hold’ but lowered the price target to $43 from $50, primarily on lower valuation comparisons.

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