Morgan Stanley Maintains Overweight on Li Auto, Lowers Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley maintains an Overweight rating on Li Auto but lowers the price target from $65 to $53.
May 21, 2024 | 5:21 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Morgan Stanley analyst Tim Hsiao maintains an Overweight rating on Li Auto but lowers the price target from $65 to $53.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns or adjustments in expectations. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100