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Morgan Stanley: Affirms 'Buy' Rating and HK$11.4 Target Price for Lenovo Group, Citing High-End AI and Cloud AI Growth Prospects
2025-05-26 /
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Author：小编
Morgan Stanley reaffirms its 'Buy' rating and HK$11.4 target price for Lenovo Group, confident that the company stands to gain from the burgeoning high-end AI and cloud AI sectors. Lenovo Group's ISG business has recorded profitability for two consecutive quarters, and its IDG business is anticipated to achieve sequential growth in the fiscal quarter ending in June. Furthermore, AI server revenue contributes between 5% and 10% to Lenovo Group's overall revenue.
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