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via finance.yahoo.comMarkets

Goldman Sachs cuts KOSPI target to 9,000 but sees over 60% upside

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Goldman Sachs has cut its 12-month KOSPI target from 12,000 to 9,000, yet the revised call still implies more than 60% upside from current levels. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe lowered target still implies large upside, signaling a bullish view on the Korean index after its recent decline.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Goldman Sachs cut its 12-month KOSPI target from 12,000 to 9,000.
  2. 02The revised target still implies more than 60% upside from current levels.
  3. 03Analyst Timothy Moe says the cut reflects more conservative assumptions about pricing fundamentals.
  4. 04The KOSPI has fallen 40% after surging more than 300% between April 2025 and June 2026.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
KOSPIINDEX:KS11Index5,469.47Market closedtoday -1.46%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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