- Bank of America has resumed coverage of SK Hynix with a Buy rating and a price target of W3,000,000 on the locally listed shares, arguing that the Korean chipmaker's dominance in high-bandwidth memory positions it for an operating profit super-cycle that Wall Street has yet to fully price in.
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BofA says this memory stock could double. Here are 5 reasons why
- Bank of America has resumed coverage of SK Hynix with a Buy rating and a price target of W3,000,000 on the locally listed shares, arguing that the Korean chipmaker's dominance in high-bandwidth memory positions it for an operating profit super-cycle that Wall Street has yet to fully price in.