🟢 Li Auto is trading 3.5% up in pre-market after recent analyst downgrades appear priced in

LI is trading at $16.68 (+3.5%) in pre-market, recovering from recent weakness following analyst downgrades and price target cuts earlier this month.

• The stock fell sharply after Macquarie downgraded it to Underperform on January 16.
• Citi cut its price target on January 15, citing cash discounts, rising input costs, and competitive pressures in the EV market.
• The pre-market bounce suggests investors may be finding value at lower levels, supported by a broader market opening higher.