Hyundai Motor Target Price Downgrades Surge to 19 of 20 Reports in Past Month

According to the financial investment industry, 19 of 20 analyst reports on Hyundai Motor released over the past month lowered price targets, with six securities firms downgrading simultaneously on July 26. The downgrades followed the company's second-quarter earnings announcement, as near-term earnings concerns outweighed maintained expectations for its robotics business.
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