Reported about 1 month ago
Morgan Stanley analysts have corrected their earlier assessment of SK Hynix, raising the company's price target by 8% to 130,000 won, just weeks after a downgrade influenced by regulatory scrutiny. Despite strong quarterly results and positive growth expectations for 2024, they maintain an underweight rating due to potential revenue risks, while other firms have also increased their targets in light of the company's robust performance in the memory chip market.
Source: YAHOO