Analysts Weigh In on Nike, PDD Holdings, and XPeng Inc ADR
Analysts have been weighing in on Consumer Cyclical companies, including Nike (NKE), PDD Holdings (PDD), and XPeng, Inc. ADR (XPEV).
Nike received a Hold rating from RBC Capital analyst Richard Chamberlain, who set a price target of $45.00. The company's shares closed last Monday at $40.75.
According to TipRanks.com, Chamberlain is ranked #3561 out of 12,498 analysts. Nike has an analyst consensus of Moderate Buy, with a price target consensus of $50.29, which is a 22.7% upside from current levels.
PDD Holdings was upgraded to Buy by Julia Pan from UOB Kay Hian, who set a price target of $115.00. The company's shares closed last Monday at $87.07.
The word on the Street in general suggests a Hold analyst consensus rating for PDD Holdings with a $109.13 average price target, representing a 20.0% upside.