🟢 Li Auto is trading 3.5% up today after analyst downgrades stabilize sentiment

Li Auto is trading at +3.5% now at $16.68 in pre-market, rebounding after recent analyst downgrades from Macquarie and Citi.

• Macquarie cut its price target from $17 to $15, citing cash discounts on the L9 and L8 models and rising input costs.
• Citi also cut its target from $20.20 to $18.50, driven by lower January orders and increased competition.
• The bounce follows a drop to $15.73 on January 20, with broader market strength providing modest tailwinds.