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DBS Sticks to Their Hold Rating for Li Auto (LI)

Tipranks - Fri Mar 13, 9:22PM CDT

DBS analyst maintained a Hold rating on Li Auto today and set a price target of $20.00.

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In addition to DBS, Li Auto also received a Hold from Bernstein’s Eunice Lee in a report issued on March 5. However, on February 25, UBS reiterated a Buy rating on Li Auto (NASDAQ: LI).

Based on Li Auto’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $27.4 billion and a GAAP net loss of $625.89 million. In comparison, last year the company earned a revenue of $43.18 billion and had a net profit of $2.83 billion

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