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<Research>CLSA Midly Cuts LENOVO GROUP's TP to $11.5, Rating Hold
Recommend 9 Positive 23 Negative 16 |
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CLSA has released a research report estimating that the impact of the first round of tariffs on LENOVO GROUP (00992.HK) has already been mitigated to a large extent, but the additional 10% tariff may affect the group's PC business profit in the short term. LENOVO GROUP is currently in the process of shifting its PC production lines to Vietnam, so that sales of PCs in the US market will no longer be affected by the additional tariffs. CLSA mildly cut its target price for LENOVO GROUP to $11.5 from $11.8, with a Hold rating remaining in place. AAStocks Financial News |
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