![](https://i0.wp.com/shacklemedia.com/wp-content/uploads/2022/10/xpeng-stock-plunges-after-rare-double-downgrade.jpg?w=640&ssl=1)
Shares for Chinese electric vehicle maker XPeng have just been hammered in 2022—and they dropped even more Friday after a once-bullish analyst said to sell the stock.
Citi analyst Jeff Chung doubled-downgraded shares to Sell all the way from Buy. (Analysts typically go one ratings notch at a time, from Buy to Hold then from Hold to Sell and vice versa.)
Source: finance.yahoo.com
Related posts:
Here are the federal income tax rates and brackets for 2023
Goldman Sachs Says These 2 Healthcare Stocks Have up to 130% Upside Potential
Bank of America says 5G ‘comes alive’ in 2022 — it sees big upside potential for 3 smaller-name stoc...
Inside the Loan Valuation Debate Roiling SoFi Stock
1 Magnificent Vanguard ETF to Turn $300 Per Month Into $592,000 While Barely Lifting a Finger