Korean Colmar Target Price Raised by Up to 54.5%, National Pension Increases Stake on July 9

According to Yonhapinfomax on July 9, South Korean brokerages have raised their target prices for Korean Colmar, a leading cosmetics ODM (Original Design Manufacturer) company. Heungkuk Securities increased its target from 88,000 KRW to 136,000 KRW, a 54.5% increase, while Samsung Securities raised its target from 110,000 KRW to 140,000 KRW, a 27.3% increase. The National Pension Service also expanded its stake in the company from 10.52% to 12.68% as of Q2, signaling confidence in the company's earnings momentum driven by strong domestic operations and growing K-beauty demand.
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