Li Auto Inc. March 2024 Delivery Update

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Morgan Stanley on Li Auto (LI): 'March sales topped reduced guidance'

April 1, 2024 9:29 AM EDT

Morgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $65.00 price target on Li Auto (NASDAQ: LI).

The analyst comments "Li Auto delivered 28,984 vehicles in March (+43% MoM and 39% YoY); 1Q24 deliveries of 80.4k topped reduced company guidance of 76-78k but shall come... More