Jefferies Financial Group upgraded shares of Xiaomi (OTCMKTS:XIACY – Free Report) from a moderate sell rating to a hold rating in a report issued on Wednesday,Zacks reports.
Separately, China Renaissance upgraded shares of Xiaomi to a “hold” rating in a research note on Wednesday, August 19th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Xiaomi currently has a consensus rating of “Hold”.
Read Our Latest Stock Report on Xiaomi
Xiaomi Stock Performance
About Xiaomi
Xiaomi Corporation is a China-based technology company that designs, develops and sells consumer electronics and smart hardware. Its products include smartphones, tablets, laptops, televisions, wearable devices, smart home equipment, appliances and other Internet of Things products. Xiaomi also provides related software, connectivity and internet services through its connected-device ecosystem.
Founded in 2010, Xiaomi initially built its business around smartphones and a software platform based on the Android operating system.
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