Macquarie's latest report on XIAOMI highlights a resurgence in growth, with founder Lei Jun aiming for 100,000 SU7 unit sales and positive gross profit margin (GPM) this year.
The analysis underscores Xiaomi's expansion into electric vehicles (EVs) and retail stores, projecting a 21% sales CAGR over three years. Macquarie maintains an Outperform rating, with a revised target price of $31.24, and inclusion in the Asia Marquee Buy list. 
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