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Daiwa Securities Boosts Xiaomi's EPS Forecast for 2025-2027 by 1% to 13%
2 week ago /
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Author：小编
Daiwa Securities has maintained its 'Buy' recommendation for Xiaomi Group and elevated its 12-month target price to HK$78. In its report, the firm emphasized that Xiaomi's premiumization of its IoT business, diversification of product lines, and overseas expansion strategy will propel its long-term growth. Leveraging the promising outlook for the Internet of Things and enhanced profitability, Daiwa Securities has increased Xiaomi's earnings per share forecast for the years 2025 to 2027 by a range of 1% to 13%.
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