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Shares of Chinese electric carmaker Li Auto (NASDAQ: LI) leapt 6% higher through 11 a.m. ET Monday. Probably partly because of China's stimulus effort to jump-start its economy and boost demand ...
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Li Auto wasn’t one of them. The 10 stocks that made the cut ...
Li Auto Inc (NASDAQ:LI) reported fiscal second-quarter 2024 revenue growth of 10.6% year-on-year to $4.36 billion, marinally missing the analyst consensus of $4.45 billion. It clocked an adjusted ...
While I don't see a lot of company-specific news out there, analysts at Citigroup recently increased their price target on Li Auto by nearly $4 to $25.50 and maintained their neutral rating on the ...
In company-specific news, analysts at Macquarie upgraded PDD Holdings this morning from neutral to outperform and significantly hiked their price target from $126 to $224.
PDD and Li each experienced a 50%-plus rally between Sept. 13 and Oct. 7, while Tencent had rallied over 20% before each of those rallies began to fade. Once again, investors are divided on China
Li Auto's operating business is profitable, and it generated $1.3 billion in free cash flow in Q3.
Of the trio, investors seemed most impressed with Li Auto (NASDAQ: LI) achieving that feat. Those folks pushed the company's U.S.-listed stock up by 12% in value across the day.