[Featured Stock] Posco Future M Rises Over 6% on Optimistic Outlook from Securities Firms
Posco Future M is showing strong performance amid securities firms' forecasts of mid- to long-term growth potential.
![[Featured Stock] Posco Future M Rises Over 6% on Optimistic Outlook from Securities Firms](http://www.asiae.co.kr/news/img_view.htm?img=2023050311315019537_1683081109.jpg)
As of 9:39 AM on the 18th, Posco Future M was trading at 429,500 KRW, up 6.18% from the previous trading day.
Recently, several reports optimistic about the growth potential of Posco Future M's secondary battery materials business have been released by securities firms. Hyundai Motor Securities raised its target price from 460,000 KRW to 480,000 KRW, and Kyobo Securities also increased it from 290,000 KRW to 460,000 KRW.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Experts Are Already Watching Closely..."Target Stock Price 970,000 Won" Now Only the Uptrend Remains [Weekend Money]
In addition, Daol Investment & Securities (270,000 KRW → 480,000 KRW), Hanwha Investment & Securities (430,000 KRW → 450,000 KRW), and Meritz Securities (410,000 KRW → 450,000 KRW) have also revised up Posco Future M's target price this month.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
