OTR Global Downgrades Xiaomi (OTCMKTS:XIACF) to Positive
OTR Global lowered shares of Xiaomi (OTCMKTS:XIACF) to a positive rating in a report issued on Wednesday, The Fly reports.
Separately, Nomura reissued a neutral rating on shares of Xiaomi in a research report on Thursday, March 21st.
Shares of XIACF opened at $1.22 on Wednesday. Xiaomi has a twelve month low of $1.15 and a twelve month high of $3.50.
Xiaomi Corporation operates as an Internet company with smartphones and smart hardware connected by Internet of Things in Mainland China and internationally. The company offers a range of hardware products, such as smartphones, laptops, smart TVs, AI speakers, and smart routers; power banks, headphones, air purifiers, fitness bands, robot vacuum cleaners, scooters/self-balancing scooters, water purifiers, induction heating rice cookers, home security cameras, and laser projectors; and lifestyle products comprising housewares and personal accessories.
See Also: Why do analysts give a neutral rating?
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