Analyst Ratings

Xpeng Inc:
Bank of America has revised its price target for Xpeng Inc., lowering it to $11.70 from $12.70. The electric vehicle (EV) manufacturer has faced several challenges, including intensifying competition and evolving regulatory landscapes, which may have influenced this adjustment. Investors will be watching closely to see how Xpeng navigates these hurdles and whether it can achieve sustainable growth in the competitive EV market.

Tesla Inc:
Tesla continues to attract a diverse range of analyst opinions.

• Wells Fargo maintains a Sell rating with a target of $120. This cautious stance reflects concerns over Tesla’s valuation and potential market saturation in the EV space.
• Baird remains bullish with an Outperform rating and a $280 target. Baird’s optimism is likely driven by Tesla’s strong market position and innovative advancements.
• Cantor Fitzgerald also maintains an Overweight rating, setting a $230 target. Cantor’s positive outlook could be based on Tesla’s robust financial performance and expansion plans.

Ford Motor Company:
Barclays has raised its target price for Ford to $17 from $16, maintaining an Overweight rating. This adjustment suggests a positive outlook on Ford’s ability to capitalize on its strategic initiatives, including its investments in electric vehicles and technological advancements. Barclays’ confidence indicates that Ford is well-positioned to compete in the evolving automotive industry.

Walmart Inc:
Evercore ISI has increased its price target for Walmart to $74 from $73, reaffirming an Outperform rating. The slight uptick in the target price reflects Evercore’s confidence in Walmart’s business model, its ability to adapt to changing consumer behaviors, and its focus on e-commerce and digital transformation. Walmart’s strong market presence and strategic initiatives continue to make it a favorite among analysts.

Google (Alphabet Inc):
Argus Research has raised its price target for Google to $215 from $200, maintaining a Buy rating. This upward revision underscores Argus’s positive view on Google’s growth prospects, driven by its dominant position in the digital advertising market, ongoing innovation, and expansion into new business areas such as cloud computing and artificial intelligence. Google’s consistent performance and strategic initiatives support this optimistic outlook.