Huami (HMI) Coverage Initiated at Credit Suisse Group
Analysts at Credit Suisse Group initiated coverage on shares of Huami (NYSE:HMI) in a research note issued on Monday, The Fly reports. The brokerage set an “outperform” rating on the stock.
Shares of Huami (NYSE HMI) opened at $11.14 on Monday. Huami has a fifty-two week low of $10.53 and a fifty-two week high of $12.00.
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Huami Corp is engaged in developing smart wearable technology. The Company designs and develops biometric and activity data-driven fitness and smart watches. The Company markets its products under the brand name, Amazfit and is the sole partner for Xiaomi wearable products. The Amazfit range of products includes Amazfit BIP, Amazfit pace, Amazfit equator, Amazfit ARC, and accessories, such as sports bands, watch straps, ear buds, charging units, and core trackers.
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