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CLSA Sticks to Their Buy Rating for Li Auto, Inc. Class A (L87)
In a report released on May 29, from CLSA maintained a Buy rating on Li Auto, Inc. Class A, with a price target of HK$140.00. The company’s shares closed last Friday at HK$57.85.
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Li Auto, Inc. Class A has an analyst consensus of Moderate Buy, with a price target consensus of €8.42.
Based on Li Auto, Inc. Class A’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of HK$30.25 billion and a net profit of HK$1.09 billion. In comparison, last year the company earned a revenue of HK$31.68 billion and had a net profit of HK$1.1 billion
Read More on DE:L87:
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- Li Auto Shareholders Approve All AGM Resolutions, Reaffirm Board Lineup
- Li Auto price target lowered to $14 from $18 at Barclays
- Li Auto upgraded to Neutral from Underperform at Macquarie
- Li Auto price target lowered to $18 from $22 at BofA
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