$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Bank of America resumed coverage on SK Hynix with a Buy rating and a price target of W3,000,000 on the locally listed shares. The reasoning is that the company's dominance in high-bandwidth memory could set it up for an operating profit super-cycle, which they think Wall Street hasn't fully priced in yet.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
