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Goldman Strategist Holds 12,000 KOSPI Target: Will Memory Earnings Close a 74% Gap?

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Goldman Strategist Holds 12,000 KOSPI Target: Will Memory Earnings Close a 74% Gap?

South Korea’s KOSPI index would need to climb roughly 74% to reach the level Goldman Sachs strategist Timothy Moe still expects. He is holding a 12,000 target set before the index lost a quarter of its value. Moe, the bank’s chief Asia Pacific equity strategist, published the call three months ago and has not revised The post Goldman Strategist Holds 12,000 KOSPI Target: Will Memory Earnings Close a 74% Gap? appeared first on BeInCrypto.

Key Takeaways

  1. South Korea’s KOSPI index would need to climb roughly 74% to reach the level Goldman Sachs strategist Timothy Moe still expects.
  2. He is holding a 12,000 target set before the index lost a quarter of its value.
  3. Moe, the bank’s chief Asia Pacific equity strategist, published the call three months ago and has not revised The post Goldman Strategist Holds 12,000 KOSPI Target: Will Memory Earnings Close a 74% Gap?
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.