Goldman downgrades XPeng to “neutral” amid competitive pressures By Investing.com
Investing.com – Goldman Sachs downgraded Xpeng Inc (NYSE:). to “neutral” from “buy”, citing rising competitive challenges in China’s new energy vehicle (NEV) market and stock already significant outperformed in recent months leaving less room for growth. US listed XPeng shares were last trading at 3.6% $12.2 in New York. XPeng’s shares have surged by 67% in … Read more