Citigroup Maintains Neutral on Li Auto, Raises Price Target to $25.5
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jeff Chung maintains a Neutral rating on Li Auto (NASDAQ:LI) but raises the price target from $21.6 to $25.5.

September 24, 2024 | 5:52 pm
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Citigroup has maintained a Neutral rating on Li Auto but increased the price target from $21.6 to $25.5, indicating a positive outlook on the stock's potential.
The increase in price target from $21.6 to $25.5 suggests that Citigroup sees potential upside in Li Auto's stock, which could positively influence investor sentiment and lead to a short-term price increase. However, the Neutral rating indicates that there are still some reservations about the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100