JPMorgan raised its target for the Kospi index of the Korean stock market to 15,000 points in a bull market scenario.

JPMorgan Chase raised its target for the Kospi index and suggested adding positions on dips, maintaining the highest exposure to the South Korean stock market. "This stems from our constructive view on artificial intelligence and the earnings of related hardware companies. There is still room for further increase in retail buying," JPMorgan strategists wrote in a report. JPMorgan's bull case scenario suggests the Kospi index has a 77% upside from Wednesday's close of 8,471.02 points. JPMorgan also raised its base and bear case targets to 12,500 and 8,000 points, respectively. (Sina Finance)
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