Goldman Strategist Holds 12,000 KOSPI Target: Will Memory Earnings Close a 74% Gap?
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6 Articles
Global investment bank Goldman Sachs maintained its 12-month target of 12,000 for the KOSPI, stating that the memory semiconductor boom driven by increased investment in artificial intelligence (AI) will last longer than expected. According to Bloomberg on the 7th, Tim Mo, Goldman Sachs' Chief Equity Strategist for Asia-Pacific, stated in an interview on the 4th regarding the KOSPI target, "We are still maintaining our existing position," adding…
(Seoul = Yonhap News) Reporter Jung Joo-ho = Goldman Sachs maintained its KOSPI target while assessing that the earnings cycle of South Korean memory semiconductor companies is being undervalued...
Goldman Strategist Holds 12,000 KOSPI Target: Will Memory Earnings Close a 74% Gap?
South Korea's KOSPI index would need to climb roughly 74% to reach the level Goldman Sachs strategist Timothy Moe still expects. He is holding a 12,000 target set before the index lost a quarter of its value. Moe, the bank's chief Asia Pacific equity strategist, published the call three months ago...
Goldman Sachs Stands by 12,000 KOSPI Target
Goldman Sachs forecasts the KOSPI could rise to 12,000, citing the longer-than-expected AI-driven memory semiconductor boom. Goldman Sachs has maintained its bullish forecast that the KOSPI could rise to 12,000, saying investors are underestimating how long the earnings boom in memory semiconductors driven by the artificial intelligence (AI) surge will last. According to Bloomberg News on Sept. 7, Timothy Moe, Goldman Sachs’ chief Asia-Pacific e…
As the KOSPI attempts to recover the 7,000 mark by partially recovering from its recent sharp decline, global investment bank Goldman Sachs has maintained its 12-month target of 12,000. This decision stems from the assessment that the market views the duration of the earnings boom in memory semiconductors, which has driven the domestic stock market, as being too short. According to Bloomberg on the 7th, Timothy Moe, Goldman Sachs' Chief Equity …
Teknologiaksjer leather an i Asia mandag, med powerful oppgang i Sør-Korea og Japan. Goldman Sachs mener branded undervurderer hvor lenge AI-boomen vil løfte asiatiske minnebrikkeprodusenter.
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