Freedom Capital Lowers Li Auto (LI) Price Target Amid China EV Price War

Li Auto Inc. (NASDAQ:LI) ranks among the best high growth Chinese stocks to buy. On January 7, Freedom Capital Markets cut its price target for Li Auto Inc. (NASDAQ:LI) from $34 to $25 while maintaining a Buy rating for the company’s shares. According to the firm, Li Auto Inc. (NASDAQ:LI) recorded mixed quarterly performance and offered a weak forecast for the upcoming quarter. Chinese EV producers are currently caught in an intense price war to offset sluggish domestic demand, putting major pressure on ...