Form 6-K Li Auto Inc. For: Aug 28
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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
