Morgan Stanley raised its tp on Nio to USD18.70 from USD12, on Xpeng to USD25.40 from USD12.50, and on Li Auto to USD53 from USD40, all keeping their ratings at Overweight. Nice!
Despite year-to-date gains of 35%- 96%, Nio and Xpeng are still 70%- 80% below their late 2020-early 2021 peaks, the team said.
"We think the EV trio's valuations have yet to fully capture the idiosyncratic volume upturn from 2H23e, of which the 68-190% YoY growth we expect should outshine that of peers," the team wrote.
想赢钱又不想输钱 : xpeng can sell it now
bullrider_21 OP 想赢钱又不想输钱 : I think it will continue to rise.
102095561 : li auto already 41,nio 13 still very cheap got room to rise 18
72979822 bullrider_21 OP : only reason it wouldn't is shorts scare people out of their long positions
DreamyLucid : Apart from NIO, the rest are good call. NIO should be lower.
yukooooo0703 102095561 :
bullrider_21 OP 72979822 : Those shorts are going to lose money.
想赢钱又不想输钱 : sell at 20