Li Auto Inc. (LI) Launches Li L7, A Five-Seat Flagship Family SUV
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Morgan Stanley Sees Potential Bull Catalyst Driver in Li Auto (LI) Ahead
February 9, 2023 10:53 AM ESTMorgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $23.00 price target on Li Auto (NASDAQ: LI)
The analyst comments "The stock is likely trade in a narrow range after the launch event because investor focus is shifting to the intake of... More
Increasing competition and share losses have Bernstein doubting Tesla (TSLA)
February 9, 2023 7:52 AM ESTBernstein reiterated an Underperform rating and $150.00 price target on Tesla (NASDAQ: TSLA) as electric vehicle makers report 2022 numbers.
2022 was another year strong year for EV growth. Battery EVs grew ~70% from 3.8M to 6.5M, on top of a strong comp of ~110% in 2021. Amid an overall decline in the auto market, BEVs now account for 8.3% of total light vehicle volumes.
Despite unit growth of 40%, Tesla's BEV share actually declined from 25% in 2021 to 20% in 2022, and down ~800 bps from its peak of 28% in 2020.... More
Li Auto (LI) gains as Citi adjusts for new model launches
February 9, 2023 7:29 AM ESTCiti reiterated a Buy rating on Li Auto (NASDAQ: LI) and raised the price target on the stock to $51.50 (From $48.00) following recent new model launches by the electronic vehicle maker.
Analyst Jeff Chung wrote in a note, On 08-Feb-2023, Li Auto launched L7 and a new configuration of... More
