大行评级｜小摩：大幅上调联想集团目标价至50港元，首季盈利远超预期

格隆汇08-14

摩根大通发表研报指，联想集团6月底止2027财年首季盈利远超预期，个人计算机、服务器及SSG业务表现均有惊喜，期内AI服务器需求强劲，积存订单环比倍增至540亿美元，IDG业务利润率仍具韧性，SSG业务增长加快且利润率提升。该行看好联想集团服务器盈利能力改善，预期ISG业务将成为中期核心盈利引擎，而IDG业务盈利能力亦较市场预期好，相信联想可运用卓越供应链管理能力及规模优势，持续跑赢同业。该行将...

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