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Li Auto (LI) Announces More Than 30,000 L9 Electric SUV Reservations Over 3 Days

Go back to Li Auto (LI) Announces More Than 30,000 L9 Electric SUV Reservations Over 3 Days

Why is EV Maker Li Auto (LI) Stock Down Today

June 28, 2022 8:39 AM EDT

Li Auto (NASDAQ: LI) shares are down roughly 4% in pre-open Tuesday after the company filed for the potential sale of shares via Goldman Sachs, UBS, Barclays, and China International.

Li Auto will look to sell a maximum of $2 billion worth of stock, with the proceeds from the sale to be used for R&D, development and... More

Li Auto (LI) PT Raised to $60 at UBS, Added to APAC Key Call List Citing L9 Upside Potential

June 27, 2022 4:15 PM EDT

UBS analyst Paul Gong raised the price target on Li Auto (NASDAQ: LI) to $60.00 (from $52.00) while maintaining a Buy rating.

The analyst comments "We add Li Auto (Buy) to the UBS APAC Key Call list. Its newly launched large SUV, the L9, received 30k... More