Kiwoom Securities Cuts Price Targets for Samsung Electronics and SK hynix
Kiwoom Securities has lowered its price targets for both Samsung Electronics and SK hynix, according to the Chinese-language website of South Korea's JoongAng Ilbo on Aug. 11. Concerns are growing that the cycle for the general-purpose memory chip industry has peaked, or is approaching a "peak-out." An increasing number of securities firms have begun cutting their price-target expectations for Samsung Electronics and SK hynix, the two leading stocks in South Korea's equity market.
Kiwoom Securities has lowered its price targets for both Samsung Electronics and SK hynix, according to the Chinese-language website of South Korea's JoongAng Ilbo on Aug. 11.
Concerns are growing that the cycle for the general-purpose memory chip industry has peaked, or is approaching a "peak-out." An increasing number of securities firms have begun cutting their price-target expectations for Samsung Electronics and SK hynix, the two leading stocks in South Korea's equity market.
Concerns are growing that the cycle for the general-purpose memory chip industry has peaked, or is approaching a "peak-out." An increasing number of securities firms have begun cutting their price-target expectations for Samsung Electronics and SK hynix, the two leading stocks in South Korea's equity market.