Why Li Auto Stock Surged 6% Today

Li Auto (LI 8.53%) stock bounced 6.5% through 10:35 a.m. ET on Tuesday after receiving two bullish notes from Wall Street analysts. On Monday, Bernstein urged investors to "buy the mega dip" in this Chinese electric car maker's stock, as StreetInsider reported. Just one day later, The Fly reported that Morgan Stanley agrees. Li auto stock, says Morgan Stanley, is poised to almost double in price -- and will soar to $74 a share within a year.What Wall Street analysts say about Li Auto stockLi Auto stock had ...