[ET Net News Agency, 28 March 2025] HSBC Global Research lowered the target price for
Lenovo Group (00992) to HKD14.8 from HKD15.1 and maintained the "buy" rating.
The research house said it cuts FY25/FY26 EPS forecasts by 2% and 2%, given the impact
of tariffs, and now factors in a lower operating margin for the PC business. (rc)