Why Shares of XPeng, Li Auto, and Kandi Technologies Are Higher Today

Shares of several Chinese electric-vehicle makers were trading higher on Monday, after a Wall Street analyst raised price targets for two of the stocks in the group and gave one an upgrade. 

Here's where things stood for these three companies as of 2 p.m. EST, relative to their closing prices on Friday.

Citibank analyst Jeff Chung had bullish takes on both Li Auto and XPeng in a new note on Chinese electric-vehicle stocks on Monday.

Continue reading


Source Fool.com