Citigroup Downgrades Li Auto to Neutral
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jeff Chung has downgraded Li Auto (NASDAQ:LI) from Buy to Neutral, indicating a change in the investment outlook for the company.
September 04, 2024 | 2:33 pm
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Citigroup analyst Jeff Chung downgraded Li Auto from Buy to Neutral, suggesting a less optimistic view on the company's stock performance.
The downgrade from a major financial institution like Citigroup can influence investor sentiment negatively, potentially leading to a short-term decline in Li Auto's stock price.
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