XPeng, Inc. Class A (9868) Gets a Buy from Morgan Stanley
Morgan Stanley analyst Tim Hsiao maintained a Buy rating on XPeng, Inc. Class A on December 7 and set a price target of HK$131.00.
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According to TipRanks, Hsiao is an analyst with an average return of -2.3% and a 37.14% success rate. Hsiao covers the Consumer Cyclical sector, focusing on stocks such as XPeng, Inc. Class A, Li Auto, Inc. Class A, and Geely Automobile Holdings.
Currently, the analyst consensus on XPeng, Inc. Class A is a Strong Buy with an average price target of HK$117.63.
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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