What Does Wall Street Think About Li Auto Inc. (LI)?

Li Auto Inc. (NASDAQ:LI) is one of the top high growth international stocks to buy right now. On September 3, Li Auto Inc. (NASDAQ:LI) got upgraded to Buy from Outperform by Daiwa with a $30.50 price target.

Li Auto (LI) Grows 8% on New EV Launch

However, in a report released on September 1, DBS downgraded Li Auto Inc. (NASDAQ:LI) to a Hold with a HK$100.00 price target. Similarly, Nick Lai from J.P. Morgan also maintained a Hold rating on the stock on August 28, setting a price target of HK$100.00.

Headquartered in Beijing, China, Li Auto Inc. (NASDAQ:LI) designs, develops, manufactures, and sells premium smart electric vehicles. The company’s products include Li L9, a six-seat flagship family SUV, Li MEGA, a high-tech flagship family MPV, Li L8, a six-seat premium family SUV, and more.

While we acknowledge the potential of LI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than LI and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.