BofA Securities Reiterates Buy Rating on EHang Holdings Despite Lowered Price Target
On June 9, BofA Securities lowered its price target for EHang Holdings (NASDAQ:EH) from $16 to $13 but maintained a 'Buy' rating. The firm cited first-quarter underperformance due to lower sales and eVTOL deliveries as well as higher operating costs.
Tickers: $EH
Topics: price target adjustment share repurchase program stock rating