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Li Auto (NASDAQ:LI – Get Free Report) had its price objective raised by stock analysts at Bank of America from $56.00 to $60.00 in a report issued on Wednesday, Benzinga reports. The firm presently has a “buy” rating on the stock. Bank of America‘s price objective points to a potential upside of 47.78% from the […]
Electric vehicle makers and AI companies are taking Tesla FSD-like systems to China, but it’s still out of reach for most consumers.
Tesla has cut prices of the Long Range and Performance versions of the Model Y SUV by 4 per cent each. The move follows cuts by Chinese EV makers who have slashed prices of some models by up to 10 per cent.
"I believe the time has come for Chinese brands," said BYD founder Wang Chuanfu.
Li Auto (NASDAQ:LI – Get Free Report) had its price target increased by Barclays from $34.00 to $48.00 in a research report issued on Thursday, MarketBeat Ratings reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s target price suggests a potential upside of 18.61% from the company’s previous close. LI has been […]