Goldman Sachs Cuts South Korea’s KOSPI Target by 25% to 9,000, Still Sees Over 60% Upside.
The 12-month target has been reduced from 12,000 amid growing AI investment concerns.
The KOSPI has fallen more than 35% from its June peak.
Despite the downgrade, Goldman believes the sell-off has left South Korean stocks significantly undervalued.
$SKHY $KORU
The 12-month target has been reduced from 12,000 amid growing AI investment concerns.
The KOSPI has fallen more than 35% from its June peak.
Despite the downgrade, Goldman believes the sell-off has left South Korean stocks significantly undervalued.
$SKHY $KORU