SK Hynix Lists ADR on Nasdaq July 10, Price Target Raised to 3.9M Won; Samsung Cut to 390K

According to Financial News on July 8, South Korean brokerage reports signaled divergent outlooks for semiconductor heavyweights amid shifting market dynamics. SK Hynix's planned Nasdaq ADR listing on July 10 prompted Daishin Securities to raise its price target from 3.4 million to 3.9 million Korean won, citing enhanced global investor access and valuation rerating potential alongside high-bandwidth memory (HBM4) momentum.

Kiwoom Securities downgraded Samsung Electronics' price target to 390,000 won from 430,000 won, citing component price inflation reducing original equipment manufacturers' chip procurement demand and signaling H2 2026 volatility. LG Electronics' target was raised to 240,000 won from 170,000 won by Samsung Securities, reflecting anticipated valuation uplifts from AI data center cooling solutions launching in 2027 and emerging robotics expansion.