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Li Auto price target raised to $31 from $22 at Barclays
The Fly

Li Auto price target raised to $31 from $22 at Barclays

Barclays raised the firm’s price target on Li Auto (LI) to $31 from $22 and keeps an Equal Weight rating on the shares post the Q3 report. The firm says the company’s better than expected Q3 vehicle gross margins of 19.5% reflect its pricing power and product competitiveness.

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