(Photo=Doosan)

 

[Alpha Biz= Reporter Paul Lee] Doosan shares rose 7% on the 4th on the back of a series of recent gains in target stock prices by securities firms.

Doosan closed at 147,700 won, up 9,700 won (7.03%) from the previous day.

On the same day, Daishin Securities raised its target stock price by 46% from 130,000 won to 190,000 won, saying Doosan Electronics BG (Business Group) business division's performance will improve this year.

Recently, BNK Investment & Securities raised its target price from 140,000 won to 200,000 won, saying that the performance momentum of the electronic BG business will grow and its affiliate Doosan Robotics will boost the value of the holding company.

 

 

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