Citi: Maintains a "Neutral" rating on Li Auto, with a target price raised to HKD 113.8

Zhitong
2024.10.03 08:26

Citigroup's research report stated that the Tesla Robotaxi initiative and the arrival of the peak season for car sales may boost investor sentiment, leading to a revaluation of Chinese electric vehicle companies. As a result, the target price for LI AUTO-W in Hong Kong has been raised from HKD 98 to HKD 113.8, and the target price in the US stock market has increased from USD 25.5 to USD 29.6. The "Neutral" rating is maintained

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