Here's the problem:
Most laptops in that class has absolutely no upgradable components (with regards to a CPU and GPU). Therefore, you're stuck with those two parts permanently unless you buy an entirely new PC.
And starting with the next major version release of Premiere Pro, an 11th-Gen Intel CPU and a Turing or newer gen GPU may be required just to even run Premiere Pro at all. Those requirements alone make your daughter's current laptop outdated if not obsolete.
What's more, all 6th- through 10th-Gen CPUs are already in legacy support status with regards to the integrated graphics drivers. That leaves the GTX 1050, which is of the outdfated Pascal gen. Although current mainstream Nvidia driver releases continue to support that GPU, Lenovo might not have any updated drivers for that GPU whatsoever; that is, the only driver the company has on its Web site is the GPU launch day driver. And in the near future (likely later this year), the GTX 1050 will be depreciated into legacy support status at Nvidia itself like all other pre-RTX-generation GPUs.
And since there is nothing to replace (core component wise) in that laptop, the only fix would be an entirely new PC.
But before you go and do that, has she ever updated Windows 10 (say, a new feature update)? Or has she updated from Windows 10 to Windows 11? Either action must be done before you go install a newer version of Premiere Pro going forward because an outdated or obsolete OS version or release build will hinder compatibility with newer versions of all software.