Shares of pure-enjoy electric powered car or truck producers can be controversial on Wall Avenue. Substantial-progress vehicle stocks can be tough to benefit when the standard car gamers trade for a lot less than 7 or 8 moments estimated earnings. Shares of Chinese EV maker
XPeng
are now a single of the most controversial EV stocks, supplanting even
Tesla
on a evaluate of Road controversy.
More than the Thanksgiving holiday getaway, Jefferies analyst Johnson Wan downgraded
XPeng
(ticker: XPEV) shares to Market from Keep. He decreased his price goal more than 75% to $4.20 from $18.60 a share.
Shares of pure-enjoy electric powered car or truck producers can be controversial on Wall Avenue. Substantial-progress vehicle stocks can be tough to benefit when the standard car gamers trade for a lot less than 7 or 8 moments estimated earnings. Shares of Chinese EV maker
XPeng
are now a single of the most controversial EV stocks, supplanting even
Tesla
on a evaluate of Road controversy.
More than the Thanksgiving holiday getaway, Jefferies analyst Johnson Wan downgraded
XPeng
(ticker: XPEV) shares to Market from Keep. He decreased his price goal more than 75% to $4.20 from $18.60 a share.
