EHang Holdings Ltd (EH) stock surged 5.61% in pre-market trading on Monday, following a significant upgrade from Deutsche Bank. The Chinese autonomous aerial vehicle (AAV) technology company's shares are attracting investor attention after the positive analyst action.
Deutsche Bank raised its rating on EHang from Hold to Buy, citing an attractive entry point after a recent selloff. While the bank adjusted its price target slightly downward from $22 to $20, the upgrade still signals confidence in EHang's potential. This new target suggests substantial upside from the stock's previous closing price.
The upgrade aligns with the overall positive sentiment among analysts covering EHang. According to FactSet, the company maintains an average rating of Buy, with a mean price target of $28.02. This consensus target indicates that analysts see significant growth potential for EHang in the coming months, further supporting the pre-market rally.
Investors are likely responding to the combination of the Deutsche Bank upgrade and the generally bullish analyst outlook, driving the stock's pre-market surge. As the market opens, all eyes will be on EHang to see if this momentum carries through the regular trading session.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。