Nomura released a research report saying that Lenovo Group's stock price is likely to rise in the future. In particular, the profitability of servers is expected to increase further in the future, and the PC business performance is still better than market expectations. The company's third-quarter results may have exceeded market expectations. The bank raised its profit forecast for the 2025-26 fiscal year by 2 to 3%, so it raised its target price from HK$11 to HK$13 and maintained a “buy” rating.

Zhitongcaijing · 10/16 08:49
Nomura released a research report saying that Lenovo Group's stock price is likely to rise in the future. In particular, the profitability of servers is expected to increase further in the future, and the PC business performance is still better than market expectations. The company's third-quarter results may have exceeded market expectations. The bank raised its profit forecast for the 2025-26 fiscal year by 2 to 3%, so it raised its target price from HK$11 to HK$13 and maintained a “buy” rating.