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JPMorgan sees 50% upside ahead for China’s leading electric vertical aircraft manufacturer

JPMorgan sees 50% upside ahead for China’s leading electric vertical aircraft manufacturer

JPMorgan is bullish on EHang , China’s leading original equipment manufacturer for electric vertical take-off and landing aircraft. The bank initiated shares of the eVTOL manufacturer as overweight rating and price target of $26 per share, which corresponds to a nearly 50% upside from Thursday’s close. Analyst Beatrice Lam pointed to EHang’s status as the…

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