Barclays Sets SK Hynix ADR Price Target at $330, Implying 117% Upside

SKHY26.29%
According to Barclays, on July 14, analyst Simon Coals set a price target of $330 for SK Hynix's U.S. depositary receipt (ADR), implying potential gains of 117% from current levels. The analyst cited expectations of a multi-year memory semiconductor supply shortage driving the optimistic outlook.
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