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Morgan Stanley upgrades SK Hynix stock amid positive market outlook

Morgan Stanley has upgraded SK Hynix Inc. from underweight to equal-weight, acknowledging a misjudgment in their previous downgrade last September. The analysts noted that the anticipated cyclical underperformance and increased competition in the high-bandwidth memory market leading into 2025 have not occurred, as the stock has rallied on positive outlooks for the company's advanced memory chip supply.
Bloomberg.com
SK hynix Inc. KOR Shawn Kim
Finance & Economy, Market Report
05:55 19.03.2025

Morgan Stanley analysts revise SK Hynix price target after initial downgrade

Morgan Stanley analysts have revised their price target for SK Hynix Inc. upward, acknowledging their previous assessment was incorrect in the short term, though they still believe the memory cycle peak remains intact. Despite this adjustment, they continue to hold an underweight rating on the stock following the company's record quarterly results.
bloomberg.com
SK Hynix Inc. Morgan Stanley KOR Duan Liu Shawn Kim
Finance & Economy, Market Report
08:12 25.10.2024
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