This Is What Whales Are Betting On Li Auto
Portfolio Pulse from Benzinga Insights
A large bearish position on Li Auto (NASDAQ:LI) has been spotted, with 57% of big-money traders being bearish and 42% bullish. Whales have been targeting a price range of $25.0 to $42.0 for Li Auto over the last 3 months. Citigroup, Barclays, and B of A Securities maintain positive ratings on the stock.
June 06, 2023 | 3:16 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
A large bearish position has been spotted on Li Auto, with 57% of big-money traders being bearish. Whales target a price range of $25.0 to $42.0 for the stock. Major banks maintain positive ratings.
The large bearish position spotted on Li Auto indicates that big-money traders expect the stock price to go down in the short term. This bearish sentiment could negatively impact the stock price. However, major banks like Citigroup, Barclays, and B of A Securities maintain positive ratings on the stock, which could provide some support to the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100