Goldman Sachs Sees Strong Upside In Li Auto on New Model Pipeline and Autonomous Driving Advances
Goldman Sachs analyst Tina Hou maintained a Buy rating on Li Auto Inc (NASDAQ:LI) with a price target of $36. Li Auto is a leading pure New Energy Vehicle (NEV) player, with a 5% NEV market share in China as of the first quarter of 2024 (17% and 39% market share in China's premium PV and premium NEV market,