Hyundai Motor price target 84million won higher; APR's U.S. sales hit a quarterly record
DS Investment & Securities 7 month, 9 raised Hyundai Motor's target price from the previous 74 million won to 84 million won, a 13.5% increase, while maintaining its Buy rating. APR was reported to be expected to post results above market expectations in 2quarter, supported by expanded distribution through Amazon and TikTok in the U.S. and major offline channels.
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DS Investment & Securities said it had raised Hyundai Motor's target price by 7 month, 9 from the previous 74 million won to 84 million won. The brokerage listed its rating as Buy (maintained).13.5:
Hyundai Motor's previous closing price was 46 million 2500 won.
DS Investment & Securities assessed that Hyundai Motor is pursuing advances in robotics through collaboration with Google. The report stated that Hyundai Motor had secured vast amounts of on-site data and built a data pipeline that surpasses China's.
It was reported that expansion across Amazon US, TikTok, and major offline channels is continuing for APR, and that APR’s US sales are posting record highs every quarter as a result, 2an earnings surprise exceeding market expectations is expected in the quarter.
OCI Holdings’ target price was reportedly lowered due to delays in the announcement of US trade regulations. However, it was assessed to have maintained its competitiveness in the non-Chinese polysilicon sector and retained its status as the top pick for the second half of the year.
This summary was based on 7month 9day morning brokerage reports.
Sources: 파이낸셜뉴스 증권
Bullstory synthesized this report from the linked sources. AI may have assisted the writing process. Check the original reports for factual confirmation.