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13188 JPLENOV@EC2606A (CALL)
RT Nominal down0.159 -0.010 (-5.917%)

24/10/2025 14:35

{I-bank focus}Goldman raises Lenovo (00992) to HKD13.62

[ET Net News Agency, 24 October 2025] Goldman Sachs raised the target price for Lenovo
Group (00992) to HKD13.62 from HKD13.56 and maintained the "buy" rating.
The research house said it expects Lenovo revenues to grow at +11% CAGR in CY2025-27E
driven by rising AI PCs penetration rate, bringing dollar content increases and market
share gains, along with growing servers business with more high-end servers revenue
contribution. (rc)

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