
New Buy Rating for Xiaomi (XIACF), the Technology Giant

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Ray KWOK CFA from CGS-CIMB maintained a Buy rating on Xiaomi with a price target of HK$53.50, while shares closed at HK$37.70. KWOK is a 4-star analyst with a 38.5% average return. Bank of America Securities also rated Xiaomi as Buy, but J.P. Morgan maintained a Hold rating.
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