Li Auto Stock Has 82% Upside, According to 1 Wall Street Analyst
LI AUTO(LI) The Motley Fool·2024-04-26 18:50
Even growing slower, at less than 15 times earnings, Li Auto stock looks cheap.Tesla was the talk of the town Wednesday after the electric vehicle (EV) maker announced weak earnings but also said it would send more affordably priced EVs to market as soon as possible. Earlier in the week, however, it was a different electric carmaker -- China's Li Auto (LI 7.14%) -- that caught investors' attention.On Monday, Citigroup tweaked its price target lower on Li Auto stock to $43.60. Despite the lower price target, ...