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Are Lenovo Gr (LNVGF) Shares Worth Your Time and Dime Following Recent JP Morgan Upgrade?

Lenovo Group Limited (OTCMKTS:LNVGF) Logo

Lenovo Gr (LNVGF) Stock Upgrade

The previous rating of a “Neutral” for Lenovo Gr (LNVGF) has been discontinued as JP Morgan raised LNVGF’s current rating to a respectable “Overweight”.

The stock increased 7.00% or $0.04828 during the last trading session, reaching $0.73828. About 36,320 shares traded or 115.26% up from the average. Lenovo Group Limited (LNVGF) has 0.00% since November 10, 2017 and is . It has underperformed by 15.62% the S&P500.

Lenovo Group Limited, together with its subsidiaries, develops, makes, and markets technology services and products. The company has market cap of $8.94 billion. It offers commercial and consumer personal computers, as well as servers and workstations; mobile Internet devices, including tablets and smart phones; storage and networking products; memory and processors; rack and power infrastructure; and laptops, desktops, and accessories, as well as operating systems, security, and systems management software. It currently has negative earnings. The firm also distributes IT products, mobile phones, smart phones and tablets, and server and storage products; retails and services consumer electronic products; develops, owns, licenses, and sells communications hardware and software; offers repair services for computer hardware and software systems; and researches and develops mobile software.

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