Barclays Maintains Overweight on Li Auto, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jiong Shao has maintained an Overweight rating on Li Auto (NASDAQ:LI) and raised the price target from $34 to $48.
August 10, 2023 | 11:44 am
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Barclays has maintained an Overweight rating on Li Auto and raised the price target from $34 to $48, indicating a positive outlook for the company.
The raised price target by Barclays indicates a positive outlook for Li Auto. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100