JP Morgan Maintains Neutral on Li Auto, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has maintained a Neutral rating on Li Auto and lowered its price target from $21 to $19.
August 29, 2024 | 2:23 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
JP Morgan has maintained a Neutral rating on Li Auto and reduced its price target from $21 to $19, indicating a cautious outlook.
The reduction in price target from $21 to $19 by JP Morgan suggests a less optimistic view on Li Auto's short-term performance, which could lead to a negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100