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Benzinga
Benzinga
Business
Rachit Vats

Why Analyst Expects Tesla Rival Xpeng To Deliver Solid Q4 Earnings On Monday

Xpeng Tesla Inc. CnEVPost NYSE Xpeng Inc XPEV Deutsche Bank

U.S.-listed Chinese electric vehicles maker Xpeng Inc (NYSE: XPEV) is expected to deliver a “solid” quarter when it reports fourth-quarter earnings before the bell on Monday, CnEVpost reported, citing Deutsche Bank analyst Edison Yu.

What Happened: The analyst has maintained a 'buy' rating on the stock but lowered the price target to $55 a share from $57.

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