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LENOVO GROUP Drifts Higher; Deals Boost Shrs Up by 5% More Tdy
Recommend 8 Positive 19 Negative 5 |
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LENOVO GROUP (00992.HK) persisted its three-day upsurge and opened flat this morning (6th). It peaked at $11.66, hitting an over-three-month high. It last printed at $11.5, up 5.12%, involving $1.459 billion. Lenovo Group and MetaX jointly released yesterday (5th) DeepSeek all-in-one solution, sending the stock price of LENOVO GROUP higher against the market trend. The Group will announce its results for the first three financial quarters ending 2024 on 20 February. Morgan Stanley released a report, restoring Overweight rating on LENOVO GROUP, with a target price of $13.8, which is equivalent to a 13.2x FY2026 PE. The broker believed that improved demand for PCs and servers in the quarter ending March 2025 will lead to higher market forecast. AAStocks Financial News |
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