SK hynix2quarterly operating profit12down by %420maintains the target price of ten thousand won
Mirae Asset Securities has lowered the quarterly operating profit forecast for SK hynix by % but has maintained the target price of ten thousand won and a buy investment recommendation. Hyundai Motor Company was evaluated to have performance below expectations due to poor quarterly sales, while Hyosung Heavy Industries noted that profit improvement is expected to expand based on competitiveness in the North American ultra-high voltage market.2C12D420E2F
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Mirae Asset Securities has lowered the quarterly operating profit forecast for SK hynix by % but has maintained the target price of ten thousand won and a 'buy' investment recommendation. This announcement may directly affect expectations for earnings related to the semiconductor industry.2 12 420
The reason for the downgrade was identified as a drop in the average selling price (ASP) of DRAM and NAND. The report summarized that the ASP decline has burdened the quarterly performance.2
The report states that SK hynix's closing price on the previous day was ten thousand won. The report was authored by researcher Kim Young-geon. 184 5000
Hyundai Motor is expected to report results below expectations due to poor global sales in the quarter.2However, the report noted that rebounds are expected in the second half due to new car effects and momentum in the robotics business.
It specified a target price of 74 thousand won for Hyundai Motor and maintained a buy recommendation.
Hyosung Heavy Industries is expected to see an increase in profit improvements based on its competitiveness in the North American ultra-high voltage market.
The above is a compilation of major brokerage reports announced on the morning of 7 14.
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.