Goldman Sachs: Maintains a positive view on Lenovo Group (00992.HK) with a target price of HK$13.25. It is expected that the increase in server demand will drive revenue growth.

Zhixun Financial APP learned that Goldman Sachs released a research report stating that it maintains a positive view on Lenovo Group (00992.HK), optimistic about its leading position in the personal computer market, the positive upgrade of its product portfolio towards AIPC, and its better supply chain management capabilities in the face of rising memory costs in the industry. Goldman Sachs also has a positive view on the development of Lenovo's server business, believing that the growth in generative AI demand will bring opportunities for Lenovo in the AI infrastructure and edge AI device fields. They maintain a "buy" rating with a target price of 13.25 Hong Kong dollars.