XPeng’s stock surges after bullish call from Deutsche Bank analyst
Shares of XPeng Inc. XPEV, +6.38% surged 3.4% in premarket trading Monday, after Deutsche Bank analyst Edison Yu’s bullish call on the China-based electric vehicle maker. Yu started coverage of XPeng with a buy rating and $58 stock price target, which is 30.9% above Friday’s closing price of $44.31. He said Yu was part of the “Fab Four” China-based EV makers, which also include Nio Inc. NIO, +4.83% , Li Auto Inc. LI, +8.90% and WM Motor Technology Group Co. Ltd., that represent an emerging class of auto makers backed by large technology companies and local governments looking to disrupt the auto industry. “[W]e believe our thesis has been playing out both on the ground as sales and brand awareness grow, and in the capital markets where all four companies have seen their valuations rise considerably,” Yu wrote in a note to clients. “Along with Tesla TSLA, +1.45% , we believe these automakers are increasingly destined to conquer the Chinese auto market, supported by an investor base who is eagerly willing to support this endeavor, leading us to expect multiple winners in the new EV world order.” XPeng’s stock has soared 116.4% over the past three months, while the S&P 500 SPX, -0.54% has gained 8.3%.
DER AKTIONÄR Nr. 28/21 Rohstoff-Boom - Bullish für Öl, Lithium & Co
Martin Weiß und Andreas Deutsch stellen die spannendsten Themen aus dem Heft vor. Die Titelstory lautet diesmal: “Rohstoff-Boom: Bullish für Öl, Lithium & Co.”. Es werden Aktien aus dem Sektor vorgestellt, die jetzt durchstarten.
Ein weiteres Thema ist der IPO-Boom. Es wird die Frage beantwortet was die Börsenneulinge taugen.
Das neue Heft bekommt ihr beispielsweise hier: https://tinyurl.com/4vkehnav