4 days ago
Goldman Sachs Reaffirms Their Buy Rating on Xiaomi (XIACF)
In a report released yesterday, Timothy Zhao from Goldman Sachs maintained a Buy rating on Xiaomi (XIACF – Research Report), with a price target of HK$69.00. The company's shares closed yesterday at $7.70.
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Zhao covers the Technology sector, focusing on stocks such as Weimob, Xiaomi, and New Oriental Education & Technology Group. According to TipRanks, Zhao has an average return of 27.0% and a 55.17% success rate on recommended stocks.
Xiaomi has an analyst consensus of Strong Buy, with a price target consensus of $8.78, representing a 14.03% upside. In a report released yesterday, Macquarie also maintained a Buy rating on the stock with a HK$69.32 price target.
