Reported about 11 hours ago
Cantor Fitzgerald has reaffirmed its 'Overweight' rating on VinFast (NASDAQ: VFS) while maintaining a $6.00 price target, highlighting the company's strong vehicle deliveries in Vietnam for June 2025. The firm reported significant sales of the compact models VF3 and VF5, with VinFast aiming to double its vehicle deliveries in 2025. Despite ongoing concerns about cash burn, analysts are optimistic due to VinFast's vertical integration and focus on the Vietnamese and Asian markets, suggesting these factors might mitigate external risks.
Source: YAHOO