Li Auto Stock Has 82% Upside, According to 1 Wall Street Analyst
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 (NASDAQ: LI) -- that caught investors' attention.
On Monday, Citigroup tweaked its price target lower on Li Auto stock to $43.60. Despite the lower price target, Citi insists Li stock is still a buy (the new price target implies a 73% upside over the next 12 months from the current price).
What's going on here?
Source Fool.com
Citigroup Inc. Stock
€58.99
1.080%
With 21 Buy predictions and 3 Sell predictions Citigroup Inc. is one of the favorites of our community.
As a result the target price of 73 € shows a positive potential of 23.75% compared to the current price of 58.99 € for Citigroup Inc..
