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Li Auto (LI) Gets a Hold from DBS
In a report released today, from DBS maintained a Hold rating on Li Auto, with a price target of $16.00.
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In addition to DBS, Li Auto also received a Hold from Goldman Sachs’s Tina Hou in a report issued on March 17. However, on March 13, J.P. Morgan maintained a Sell 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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