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<Research>HSBC Research Drops LENOVO GROUP (00992.HK) TP to $11.5, Keeps Buy Rating
Recommend 4 Positive 5 Negative 1 |
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LENOVO GROUP (00992.HK)'s operating profit margin for 3FQ26 ended December 2025) beat market consensus, HSBC Global Research published a research report saying. Its operating profit amounted to US$903 million, 19%/ 8% higher than the expectations of the broker/ market, respectively. LENOVO GROUP expected decline in PC shipments in 2026, but revenue will remain resilient due to potential market share gains, the report added. Therefore, HSBC Global Research kept rating at Buy on LENOVO GROUP, and dropped its target price from $11.7 to $11.5. AASTOCKS Financial News Website: www.aastocks.com |
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