Wedbush Reiterates Rating on VFS $VFS
Key Points
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Wedbush reiterated its rating on VinFast Auto Ltd. ($VFS) to a "buy" rating in a recent research note and set a price target of $6, a 93.86% upside from the current price.
VinFast Auto Ltd. Stock Up 0.5%
Shares of VinFast Auto Ltd. ($VFS) traded around $3.10 on Saturday, up 0.5% for the day.
VinFast Auto Ltd. Earnings
Analysts Set New Price Targets
About VinFast Auto Ltd.
VinFast Auto Ltd. engages in the design and manufacture of electric vehicles (EV), e-scooters, and e-buses in Vietnam, Canada, India, and the United States. The company operates through three segments: namely Car, E-scooters and Ebus. It offers the design, development, manufacturing and sales of e-scooters and related battery lease and battery charging service for cars, e-scooters, and Ebus. The company offers electric SUV, mini car EV, mid-size pickup electric truck, 7-seater MPV, E-bus, E-scooter, electric bike, and battery technology and solutions. The company has a strategic collaboration with Nvidia for the development of a next-generation level 4 autonomous driving program. VinFast Auto Ltd. is based in Hai phong, Vietnam. VinFast Auto Ltd. operates as a subsidiary of Vingroup Joint Stock Company.
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