[ET Net News Agency, 25 November 2025] Macquarie lowered the target price for Lenovo
Group (00992) to HKD12.26 from HKD13.10 and maintained the "outperform" rating.
The research house said it adjusts respective non-HKFRS FY26E/27E/28E net profit
estimates by +1.2%/-5.9%/-7.4%, driven mainly by higher IDG/ISG revenues but lower OPM.
(rc)