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M Stanley Raises LENOVO GROUP TP to HKD34
2026-08-07 11:32:44
LENOVO GROUP (00992.HK) will unveil its 1QFY27 results for the period ended June 2026 next week, Morgan Stanley said in a research report. Boosted by hiking revenue and margins in the Infrastructure Solutions Group (ISG), adjusted net profit was forecast to reach about USD788 million, up 102% YoY and 41% QoQ, around 12% above market expectations.

The broker's forecasts for LENOVO GROUP's adjusted net profit for FY2027-29 are 14%, 20% and 25% above consensus, respectively. The TP was raised from HKD30 to HKD34, with an Overweight rating maintained.
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