Why brokerages lowered SK hynix’s target price despite earnings surprise
2 Articles
2 Articles
Why brokerages lowered SK hynix’s target price despite earnings surprise
Securities firms are revising down their target prices for SK hynix despite the company's stronger-than-expected earnings in the first quarter, industry officials said Friday. Analysts attribute the downward revisions to heightened uncertainties surrounding the U.S. Donald Trump administration’s proposed "reciprocal" tariffs, warning that the world’s second-largest memory chipmaker could face a possible demand correction in the latter half of th…
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