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ubs rates ls electric shares neutral with target price of 213000 krw
UBS has initiated coverage of LS Electric with a Neutral rating and a target price of KRW 213,000, citing the company's long-term growth potential in the electrical equipment sector. However, its limited presence in large power transformers and cautious outlook on industrial capital spending may hinder performance. While there are opportunities in data center expansion, these are already reflected in the stock's valuation, leading to a balanced perspective on the company's prospects.
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