Bank of America, 5 Other Wall Street Firms Cover SK Hynix ADR with Buy Ratings; Rosenblatt Sets $320 Target, Implying 124% Upside

According to Odaily, at least 6 Wall Street financial institutions including Bank of America announced coverage of SK Hynix ADR with buy or hold ratings. Rosenblatt Securities set the highest price target at $320, representing approximately 124% upside from SK Hynix ADR's previous close of $142.72. Analysts attribute the positive outlook to strong orders from U.S. tech companies, SK Hynix's leadership in high-end memory chips, and continued growth in AI infrastructure investment.
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