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Benzinga
Benzinga
Business
Rachit Vats

Analyst Significantly Lowers Delivery, Profit Estimates For Nio Rival Li Auto: What You Should Know

Brokerage firm US Tiger Securities Inc on Tuesday significantly lowered its second-quarter delivery, revenue, and profit estimates for electric vehicle maker Li Auto Inc (NASDAQ: LI).

The Li Auto Analyst: US Tiger Securities analyst Bo Pei has maintained a buy rating and a $40 price target on the U.S. listed, Beijing-headquartered Li Auto.

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