Morgan Stanley Upgrades Korea Stocks Amid KOSPI Selloff
TL;DR
Morgan Stanley raised Korea to overweight after the KOSPI’s ~30% drop, viewing the move as largely technical and predicting a rebound toward 9,000 with a near-term range of 5,500–10,500. The bank says valuation support comes from Samsung Electronics and SK Hynix, and it also upgraded Thai equities while trimming Australia.
- Morgan Stanley Upgrades South Korea Stocks After 30% KOSPI Crash Yahoo Finance
- Big investors think it might be time to buy in South Korea Reuters
- Morgan Stanley Sees 36% Upside to Korean Stocks After ‘Washout’ Bloomberg
- MU, SNDK, SKHY, DRAM In Focus: Korean Stocks Dip Again, But Morgan Stanley Sees Sharp Growth Ahead Yahoo Finance
- KOSPI Soars as Foreign Investors Reverse Course 조선일보
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