Eugene Investment Maintains SK Hynix Buy Rating With 370M Won Target Price; Forecasts 2026 Operating Profit of 264.1T Won, Up 457%

SK Hynix-14.64%
According to Newsis, Eugene Investment & Securities maintained its buy rating on SK Hynix on July 28, keeping its target price at 3.7 million won. The brokerage forecasts the semiconductor company's 2026 operating profit at 264.1 trillion won, a 457% increase year-over-year, with 2027 projected at 448 trillion won. Eugene Investment analyst expects long-term supply contracts (LTA) and potential shareholder returns in the fourth quarter to drive valuations higher, citing improving pricing negotiations and strong memory chip demand.
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