Samsung Electronics Target Prices Diverge: Kiwoom Cuts to 390,000 KRW, KB Raises to 600,000 KRW

According to Yonhap Infomax, on July 8, South Korean brokerage firms issued conflicting outlooks on Samsung Electronics. Kiwoom Securities lowered its target price from 430,000 KRW to 390,000 KRW, citing expected slowdown in earnings per share growth due to moderating memory chip price increases. Meanwhile, KB Securities raised its target price to 600,000 KRW, betting on prolonged memory supply shortages.
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