高盛：升联想集团目标价至12.53港元 维持“买入”评级

Core Viewpoint - Goldman Sachs has included Lenovo Group (00992) in its assessment for the third quarter of the 2026 fiscal year, maintaining its forecasts for fiscal years 2027 to 2029 largely unchanged, with the target price raised from HKD 11.98 to HKD 12.53, and a "Buy" rating is maintained [1] Group 1 - The firm holds a positive outlook on Lenovo Group's performance for the third quarter of the 2026 fiscal year (fourth quarter of 2025), expecting the company to be less impacted by rising memory costs due to its market leadership, scale advantages, and a higher proportion of commercial products [1] - Lenovo's server business continues to expand, with profitability improvements driven by deeper penetration of general servers among cloud service providers, the expansion of AI servers leading to product mix upgrades, and restructuring measures that reduce costs and enhance operational efficiency [1]