Macquarie Upgrades XPeng Motors (XPEV) Rating to Outperform

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May 21, 2025
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Macquarie has upgraded its rating for XPeng Motors' (XPEV, Financial) ADR from neutral to outperform, setting a target price of $24, which implies a potential upside of 7.9%. This upgrade follows XPeng Motors' recent quarterly earnings report, where both earnings and revenue exceeded expectations.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.