Barclays Maintains Equal-Weight on Li Auto, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jiong Shao maintains an Equal-Weight rating on Li Auto (NASDAQ:LI) but lowers the price target from $25 to $22.
May 21, 2024 | 3:10 pm
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Barclays analyst Jiong Shao maintains an Equal-Weight rating on Li Auto but lowers the price target from $25 to $22.
The lowered price target from $25 to $22 by Barclays suggests a less optimistic outlook for Li Auto's stock performance, which could lead to a short-term negative impact on the stock price.
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