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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 3 sources · 8 days · First seen · Last updated
South Korean corporate stock target revisions
Overview
Investment firms have issued varied stock price target revisions for several South Korean companies.
Initial reports showed downward adjustments for certain sectors. KB Securities, Samsung Securities, and Shinhan Securities lowered price targets for Studio Dragon due to a weak upstream content market. Similarly, NH Investment reduced its target for Krafton by 22.5 percent, noting that operating profits might fall below expectations, despite a future game pipeline. Conversely, Daol Investment maintained a positive outlook for Orion, citing international growth.
Subsequent updates indicated shifts in other sectors. Korea Investment lowered its target for HD KSOE following a major contract for gas carriers, though the company reported significant order intake. In contrast, Daishin Securities raised its target for Doosan based on expected revenue growth in the electronics business, and Shinhan Investment & Securities upgraded Isu Petasys following strong second-quarter performance.
Entities
HD KSOE · Korea Investment · Krafton · Studio Dragon · Doosan
Timeline
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[BUSINESS] 2 sourcesSouth Korean companies see shifts in analyst price targets
South Korean firms HD KSOE, Doosan, and Isu Petasys have received updated stock price targets from analysts following new contracts, projected revenue growth, and strong quarterly earnings.
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[BUSINESS] 2 sourcesSouth Korean companies see varied stock target revisions
Investment firms have issued mixed outlooks for South Korean companies, lowering price targets for Studio Dragon and Krafton while maintaining a positive outlook for Orion.
Sources
ad-hoc-news.de · it-boltwise.de · toray.co.jp