Xiaomi price target raised to $45 from $40 at Barclays

Barclays raised the firm’s price target on Xiaomi (XIACY) to $45 from $40 and keeps an Overweight rating on the shares. The company reported strong Q4 results and has “ample headroom to grow with more blockbuster products” in the pipeline for 2025, the analyst tells investors in a research note. The firm continues to believe Xiaomi “can be an ultimate AI winner.”