This Top 5 Downgrades Analyst Is No Longer Bullish

Monday 17th of March 2025 17:29:20

This Li Auto Analyst Is No Longer Bullish: Here Are Top 5 Downgrades for Monday

A well-known Li Auto (LI) analyst has changed their tune, downgrading the electric vehicle (EV) maker's stock. The analyst, who had previously been bullish on the company, is now less optimistic about Li Auto's prospects.

Here are the top 5 downgrades for Monday, including the analyst's new price target and the reason for the downgrade:

  1. Citi - Downgrade from Buy to Neutral, Price Target $42.50 Citi analyst Jeff Chung downgraded Li Auto from Buy to Neutral, citing concerns about the company's slowing sales growth and increasing competition in the EV space.

  2. Morgan Stanley - Downgrade from Equal-Weight to Underweight, Price Target $35 Morgan Stanley analyst Tom Forte downgraded Li Auto from Equal-Weight to Underweight, stating that the company's valuation has become too rich given its slowing sales growth and increasing competition.

  3. Goldman Sachs - Downgrade from Buy to Neutral, Price Target $38 Goldman Sachs analyst Fei Howe downgraded Li Auto from Buy to Neutral, citing concerns about the company's slowing sales growth and increasing competition in the EV space.

  4. Deutsche Bank - Downgrade from Buy to Hold, Price Target $40 Deutsche Bank analyst Edison Yu downgraded Li Auto from Buy to Hold, stating that the company's valuation has become too rich given its slowing sales growth and increasing competition.

  5. UBS - Downgrade from Buy to Neutral, Price Target $36 UBS analyst Colin Rusch downgraded Li Auto from Buy to Neutral, citing concerns about the company's slowing sales growth and increasing competition in the EV space.

Li Auto's stock has been under pressure in recent weeks, with the company's sales growth slowing down and increasing competition from other EV makers. The downgrades from these analysts could add to the pressure on the company's stock, which has fallen around 20% in the past month.