American Lithium Files Robust PEA for Falchani Hard Rock Lithium Project with Highlights Including a Tripling of After-tax NPV8 to US$5.11 Billion

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CFRA Upgrades Li Auto (LI) to Hold

February 27, 2024 1:35 PM EST

CFRA analyst Aaron Ho upgraded Li Auto (NASDAQ: LI) from Sell to Hold with a price target of $50.00 (from $35.00).

The analyst comments "We revise our 12-month target price to USD50 from USD35. The valuation reflects a 2024 P/B of 6x, at parity to Li Auto's... More