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Barclays Downgrades XPeng to Equal-Weight, Lowers Price Target to $22

Barclays analyst Jiong Shao downgrades XPeng (NYSE:XPEV) from Overweight to Equal-Weight and lowers the price target from $30 to $22.

Barclays analyst Jiong Shao downgrades XPeng (NYSE:XPEV) from Overweight to Equal-Weight and lowers the price target from $30 to $22.

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