EHang stock drops after Bank of America downgrade

jp.investing.com (Japanese)

EHang's stock fell 2% after BofA Securities downgraded the company's rating two notches. The downgrade followed a recent eVTOL aircraft incident in Beijing, leading BofA to lower its price target and reduce sales and profit forecasts for EHang. BofA cited potential regulatory tightening and decreased consumer confidence in eVTOL flights as reasons for the downgrade.


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EHang stock drops after Bank of America downgrade | News Minimalist