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bank of america maintains buy rating on li auto amid stock decline

Bank of America has maintained a Buy rating on Li Auto despite a post-earnings stock decline, citing long-term growth potential and the company's strong position in China's premium electric vehicle market. The firm noted a 20.4% year-on-year increase in car deliveries for the fourth quarter, totaling 158,696 vehicles, and highlighted Li Auto's commitment to developing artificial intelligence and smart driving technology. However, the company's first-quarter projections fell short of analysts' expectations, contributing to a 4.4% drop in shares following the earnings report.
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Chinese Yuan Bank of America Corporation Li Auto Inc. CHN Ming-hsun Lee
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15:05 17.03.2025
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