Li Auto Inc. Announces Unaudited Third Quarter 2024 Financial Results

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CFRA Downgrades Li Auto (LI) to Strong Sell, 'we remain cautious on Li Auto's profitability momentum'

November 4, 2024 1:43 PM EST

CFRA analyst Aaron Ho downgraded Li Auto (NASDAQ: LI) from Sell to Strong Sell with a price target of $15.00.

The analyst comments "We maintain our 12-month target price of USD15. The valuation reflects a 2025 P/B of 1.5x, a... More