Goldman Sachs: Xiaomi Group's SU7 Pro/Max shortened delivery cycle, and continued to demonstrate outstanding execution in improving production capacity.
Goldman Sachs released a research report stating that it maintains a "buy" rating on Xiaomi Group-W with a 12-month target price of 56.5 Hong Kong dollars. Although Goldman Sachs expects the stock price to face short-term resistance, the firm believes that the risk-return profile is attractive over a 12-month period, and there is a positive bias between the firm's optimistic and pessimistic valuations. Goldman Sachs believes that the shortened delivery cycle of Xiaomi's SU7 Pro/Max demonstrates its continued and robust execution in improving manufacturing capabilities.
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