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via gurufocus.comMarkets

Goldman Sachs lowers KOSPI target by 25%, from 12,000 to 9,000 points

FROM THE WIRE · GURUFOCUS.COM

Goldman Sachs has significantly reduced its target for South Korea's KOSPI index by 25%, from 12,000 to 9,000 points, amid growing concerns over the sustainabil

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA major bank cutting its KOSPI target can weigh on sentiment toward the South Korean market.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Goldman Sachs reduced its target for the KOSPI index by 25%.
  2. 02The new target is 9,000 points, down from 12,000.
  3. 03The revision reflects concerns over sustainability.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
KOSPIINDEX:KS11Index5,468.74-0.43%today -1.47%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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