Li Auto Jumps as Jefferies Sees EV Potential in Partnerships
Li Auto Jumps as Jefferies Sees EV Potential in Partnerships Li Auto gets a buy rating and $44.50 price target as Jefferies starts coverage. Author: Shares of Li Auto ( LI) - Get Report jumped Tuesday after analysts at Jefferies started coverage of the Chinese electric vehicle maker with a buy rating and $44.50 price target. At last check Li Auto shares jumped 6.8% to $34.81. Jefferies also started coverage of both Xpeng ( NIO) - Get Report with hold ratings. It put price targets of $54.50 on Xpeng and $60 on Nio. Xpeng was trading at $52.50, up 9.8%, and Nio climbed 0.9% to $56...
Source: thestreet.com