American Lithium (AMLI) Announces Management Changes and Applies to Nasdaq for Extension to Minimum Price Requirement
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Li Auto (LI) PT Raised to $31 at BofA Securities
August 29, 2024 6:03 AM EDTBofA Securities analyst Ming Hsun Lee raised the price target on Li Auto (NASDAQ: LI) to $31.00 (from $30.00) while maintaining a Buy rating.
The analyst comments "Li Auto reported its 2Q24 results and hosted an analyst briefing on 28 Aug. Sales came in at... More
Citi on Li Auto (LI): 'We have a positive outlook on the EREV sector and Li Auto in the longer-term'
August 28, 2024 12:53 PM EDTCiti analyst Jeff Chung reiterated a Buy rating and $26.20 price target on Li Auto (NASDAQ: LI).
The analyst comments "We dialed in Li Autos post-result briefing today. Key highlights are: (1) 3Q24E vehicle GPM expected QoQ improve to 19%; blended GPM at 20%. (2) FY24E Capex revised downward... More
Morgan Stanley on Li Auto (LI): 'Solid Results, Fragile Market'
August 28, 2024 12:50 PM EDTMorgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $29.00 price target on Li Auto (NASDAQ: LI).
The analyst comments "EREV line-up is in good shape; BEV will hit the market in 2025: Management has no plan to add new models to its EREV lineup but will focus more on operational efficiency to maximize sales conversion... More
Morgan Stanley Reiterates Overweight Rating on Li Auto (LI) Post Earnings
August 28, 2024 6:10 AM EDTMorgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $29.00 price target on Li Auto (NASDAQ: LI).
The analyst comments "Li Auto's 2Q24 net income (GAAP) grew 86% QoQ to Rmb1.1bn (vs. markets expected GAAP profit of Rmb500-1bn), implying Rmb10.2k profit per car, vs Rmb7.4k... More
