[ET Net News Agency, 19 March 2025] Citi raised the target price for Xiaomi (01810) to HKD73.5 from HKD51.7 and maintained the "buy" rating.
The research house said it lifts 2025-2026E adjusted NP by 12%/10%, mainly on sustainable IoT GM of 20%+ level, higher GM for internet service, strong EV GM and stable core biz opex ratio. (rc)
The research house said it lifts 2025-2026E adjusted NP by 12%/10%, mainly on sustainable IoT GM of 20%+ level, higher GM for internet service, strong EV GM and stable core biz opex ratio. (rc)