LG Electronics Target Price Raised to 260,000 KRW by Meritz Securities on Cooling System Progress

According to Meritz Securities, on July 7, the brokerage raised LG Electronics' target price to 260,000 KRW from 120,000 KRW, citing the commercialization of AI data center cooling systems and robotics businesses. The company is completing quality testing of cooling solutions with North American hyperscalers, with revenue contribution expected within 6–9 months upon successful orders.
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