VinFast Auto Stock Has 98% Upside, According to 1 Wall Street Analyst
Fri, Apr 19, 2024 9:25 PM

VinFast Auto Stock Has 98% Upside, According to 1 Wall Street Analyst

A Flip by Shubhangi Gupta
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When VinFast Auto (NASDAQ: VFS) reported its first-quarter financial update this week, it had a mixed report for investors. The Vietnamese electric vehicle (EV) manufacturer reaffirmed that it expects to produce 100,000 EVs this year. But its first-quarter vehicle production and revenue were still a disappointment.That led analysts at investment banking firm BTIG to lower their stock price target.

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