Stock Ratings

Deutsche Bank cuts XPeng price target to $33, citing painful strategic transition
Yu's team maintained its Buy rating on XPeng, saying they believe XPeng's assisted driving technology is undervalued over the long term. ...
Wall Street analysts reaffirm positive views on NIO, refute short-selling allegations
Morgan Stanley sees NIO shares rising in the next 15 days, and Daiwa advises investors to accumulate NIO shares on any weakness. ...
Citi cuts price target on NIO as bank changes valuation approach to China's EV sector
Citi lowered its price target on NIO to $41.1 from $87 and raised its price targets on BYD, XPeng, and Li Auto, continuing to name NIO and BYD as top picks. ...
NIO's product supercycle looks intact, says Deutsche Bank
"Looking ahead, we can envision the stock outperforming in the 2H of the year at the very least on a relative basis," Deutsche Bank analyst Edison Yu's team said. ...
Kaiyuan Securities initiates coverage on NIO with 'Outperform' rating, says new models will drive sales growth
The analyst expects NIO to deliver 140,000, 200,000 and 270,000 units from 2022-2024, respectively. ...
BofA upgrades rating on NIO from Neutral to Buy
BofA raised its price target on NIO from $25 to $26, believing negative factors seen are priced in. ...
Deutsche Bank lowers price target on Li Auto to $28 ahead of Q1 results
Edison Yu's team lowered their price target on Li Auto by $6 to $28, based on 3.0x 2023E EV/Sales, down from 3.5x previously. ...
XPeng stock could see relief rally with April monthly sales, says Deutsche Bank
XPeng's production and logistics appear to be the least affected by the Shanghai lockdown, and supply chain management also appears to be more resilient than peers, said Edison Yu. ...
Guosen Securities initiates coverage on NIO with Overweight rating
The analyst expects NIO to post a net loss of 7.3 billion yuan this year, a loss of RMB 4.4 billion next year, and a profit of RMB 800 million in 2024. ...
XPeng sell-off overdone, says Deutsche Bank
Edison Yu's team believes XPeng will see the biggest negative impact in deliveries in April, with deliveries only returning to closer to normal levels by June. ...