EHang (NASDAQ:EH) Shares Gap Down on Analyst Downgrade

EHang (NASDAQ:EH) Shares Gap Down on Analyst Downgrade

EHang Holdings Limited (NASDAQ:EH – Get Free Report)’s stock price gapped down prior to trading on Tuesday after Bank of America lowered their price target on the stock from $26.00 to $24.00. The stock had previously closed at $16.96, but opened at $15.78. Bank of America currently has a buy rating on the stock. EHang shares last traded at $15.68, with a volume of 1,154,239 shares. Several other analysts also recently weighed in on the stock. Je…