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(Photo = SK Hynix) |
[Alpha Biz= Reporter Kim Jisun] Meritz Securities evaluated SK Hynix as a central company in building artificial intelligence (AI). Meanwhile, the target stock price was raised from 190,000 won to 220,000 won, and the investment opinion 'buy' was presented. The closing price of SK Hynix was 173,300 won on the 22nd, the most recent trading day.
Meritz Securities said, "SK Hynix's operating profit in the first quarter is expected to be 2.7 trillion won," adding, "We expect to see the steepest-ever improvement in performance since entering the memory upcycle."
Meritz Securities noted that while SK Hynix's first-quarter sales growth rate led to improved performance, shipments growth still remains conservative.
"Amid the increase in seasonal demand, the increase in the company's shipments will generate further performance differentiation from its competitors from the second quarter," Meritz Securities said. "SK hynix's quarterly operating profit will continue to expand to 6.6 trillion won in the third quarter of next year after 4.2 trillion won in the second quarter."
AlphaBIZ Kim Jisun(stockmk2020@alphabiz.co.kr)
