B of A Securities Maintains Buy on Li Auto, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ming Hsun Lee maintains a Buy rating on Li Auto and raises the price target from $30 to $31.
August 29, 2024 | 12:38 pm
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POSITIVE IMPACT
B of A Securities has reaffirmed its Buy rating on Li Auto and increased the price target from $30 to $31, indicating a positive outlook.
The reaffirmation of a Buy rating and a slight increase in the price target by a reputable analyst can boost investor confidence and potentially lead to a short-term increase in Li Auto's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100