EHang (NASDAQ:EH) Shares Down 7.2% - Here's Why
EHang's shares (NASDAQ:EH) fell by 7.2% due to JPMorgan cutting its rating to "neutral" and lowering its price target from $21 to $13. Despite this, MarketBeat reports an average "Moderate Buy" rating with an average target price of $23.48, though analyst views are mixed. The company has a market capitalization of $956 million and high institutional ownership, with Vanguard being a significant holder.