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…

Read More
Mega AI deals enable exits for private equity, but fuel ‘frothy’ bubble fears

Mega AI deals enable exits for private equity, but fuel ‘frothy’ bubble fears

Aside from pushing stocks to all-time highs, the artificial intelligence boom is also giving private equity funds a boost by thawing the frozen IPO market and providing much-needed liquidity. However, AI is also creating what senior industry figures describe as a “frothy” investment landscape in some corners of the market, making it harder to identify…

Read More