Li Auto, BYD, and Nio: Analyst Ratings Amidst Market Downturn
Friday, 4 October 2024, 13:00
Macquarie Equity Research recently adjusted its ratings for popular electric vehicle stocks, highlighting key dynamics in the industry. Li Auto has been downgraded due to a lack of forthcoming positive catalysts, which may hinder its momentum in the competitive EVs landscape. Conversely, both BYD and Nio have seen their price targets raised, suggesting an optimistic outlook amidst ongoing market adjustments. Investors should stay informed of these changes to better navigate the evolving financial landscape.
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