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GF Securities Maintains Lenovo Buy Rating and HK$48 Price Target

The brokerage points to Lenovo’s server business and what it sees as more AI wins.

A server blade rests on an angled metal ramp. / TokenPost.ai
A server blade rests on an angled metal ramp. / TokenPost.ai

GF Securities maintained a Buy rating on Lenovo Group Limited and an HK$48 price target, pointing to the Chinese technology company’s server business and what it views as an increase in AI wins.

The rating and target were both reiterated. Lenovo’s U.S. over-the-counter American depositary receipt trades under LNVGY.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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