Goldman Sachs cuts Kospi target by 25% amid Al stock selloff

Strategists led by Timothy Moe lowered their target to 9,000 from 12,000 after the benchmark plunged more than 35% from its June peak. Despite the downgrade, the revised forecast still implies upside of more than 60% from current levels, reflecting the bank's view that Korean equities have become significantly undervalued.

S. M. Gold Limited

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