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J.P. Morgan Keeps Their Buy Rating on XPeng, Inc. Class A (9868)

Tipranks - Tipranks - Mon Feb 9, 12:50PM CST

In a report released today, Nick Lai from J.P. Morgan maintained a Buy rating on XPeng, Inc. Class A, with a price target of HK$135.00.

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Lai covers the Consumer Cyclical sector, focusing on stocks such as Li Auto, Inc. Class A, XPeng, Inc. Class A, and BYD Co. According to TipRanks, Lai has an average return of -2.0% and a 39.62% success rate on recommended stocks.

XPeng, Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of HK$113.57.

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Based on XPeng, Inc. Class A’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of HK$18.27 billion and a GAAP net loss of HK$477.75 million. In comparison, last year the company earned a revenue of HK$8.11 billion and had a GAAP net loss of HK$1.28 billion

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