Citigroup Maintains Neutral on Li Auto, Raises Price Target to $29.6
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jeff Chung maintains a Neutral rating on Li Auto (NASDAQ:LI) but raises the price target from $25.5 to $29.6.

September 30, 2024 | 5:52 pm
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Citigroup analyst Jeff Chung maintains a Neutral rating on Li Auto but raises the price target from $25.5 to $29.6, indicating a positive outlook.
The increase in price target from $25.5 to $29.6 suggests a positive outlook for Li Auto, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100