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《大行報告》大摩下調聯想集團(00992.HK)目標價至7.2元 評級「與大市同步」
阿思達克 07-18 12:07
摩根士丹利發表研究報告指,由於環球經濟下行,零售消費者及商業需求疲軟,預期今年個人電腦(PC)產品出貨量將進一步下滑,或低於該行早前預測的3.04億部,推高庫存水平,預期將導致PC品牌的折扣、回扣及價格競爭加劇。 大摩表示,首季數據顯示,宏碁(Acer)的庫存管理似乎較華碩及聯想(00992.HK)好,但商業需求仍略勝於消費者需求,加上聯想擁有數據中心業務和軟件與服務業務,相對而言較看好聯想,為行業內覆蓋股份中的首選。 然而由於整體終端需求疲軟及高庫存水平,該行將聯想2023至2025財年盈利預測分別下調2%、5%及4%,目標價下調至7.2元,給予「與大市同步」評級。
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