Goldman Sachs: Raises Xiaomi Group-W's (01810.HK) target price to HK$62, rating as "buy".

According to the Zhixun Finance and Economics APP, Goldman Sachs has released a research report stating that based on stronger IoT sales and gross margin prospects, Xiaomi Group-W (01810.HK) has adjusted its net profit forecast for 2025 to 2027 by 3% to 6%. The target price has been raised to HK$62, with a "Buy" rating. It is predicted that in the coming months, there will be multiple catalysts, including the 15th anniversary strategic product launch event, the first quarter financial results to be announced at the end of May, the investor day on June 3, and the 618 shopping festival next month.