SK Hynix Target Price Cut to 1.85M Won on July 10 as Securities Firms Lower Chip Stock Forecasts

According to Financial News, on July 10, South Korean securities firms cut target prices for semiconductor stocks amid cooling AI infrastructure investment momentum. BNK Investment & Securities set SK Hynix's target price at 1.85 million won, below the closing price of 2.186 million won, signaling a near sell rating. SK Hynix closed up 5.3% that day. Kiwoom Securities lowered Samsung Electronics' target to 390,000 won from 430,000 won on July 8, citing slowing memory price growth and potential earnings deceleration in the second half. Analysts cited hyperscaler competition reducing previous investment effectiveness and risks of growth slowdown outpacing current earnings forecasts, though opinions diverge on whether the AI memory supercycle will sustain long-term.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments