UOB Kay Hian has elevated the target price for Lenovo Group to HK$14.3, forecasting that the company's fiscal year 2025 third-quarter results will outperform expectations. Lenovo Group is scheduled to announce its earnings on May 20, and UOB Kay Hian anticipates that both revenue and net profit will surpass market forecasts and management guidance, with year-over-year growth of 16.5% to US$18.3 billion in revenue and 19.1% to US$401 million in net profit, respectively.
