Li Auto HK shares surge 20% on strong earnings, Chinese EV makers rise
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Tesla (TSLA) Megapack business could be worth 'substantially more' than car business - analyst
February 29, 2024 8:33 AM ESTAnalysts at RBC Capital believe Tesla's (NASDAQ: TSLA) Megapack utility-grade battery storage business could be worth substantially more than its standalone car business.
The firm, which has an Outperform rating and a $297 price target on Tesla, said the Elon Musk-led company... More
CFRA Upgrades Li Auto (LI) to Hold
February 27, 2024 1:35 PM ESTCFRA 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
