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Xiaomi price target raised to $40 from $24 at Barclays

Barclays analyst Jiong Shao raised the firm’s price target on Xiaomi (XIACY) to $40 from $24 and keeps an Overweight rating on the shares. The firm increased Q4, 2025, and 2026 estimates following recent checks. Xiaomi is executing well and is well positioned to potentially become a top artificial intelligence player in China “for years to come given its ubiquitous user connectivity,” the analyst tells investors in a research note.

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