Samsung Electronics Falls 30% But Rebounds on Buy Signal; KB Securities Sets 600,000 KRW Target

According to KB Securities analyst Kim Dong-won on July 15, Samsung Electronics stock has fallen 30% from its June 18 peak of 362,500 KRW to 254,500 KRW, yet the brokerage maintains a buy rating with a 600,000 KRW price target. Kim attributed the recent decline to investor sentiment contraction rather than deterioration in fundamentals, stating the selloff presents a buying opportunity. He noted that global DRAM supply constraints will persist through 2028, with high-bandwidth memory (HBM) capacity expanding from 15% to 34% of total wafer production next year, significantly limiting generic memory supply.
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