Flash News

WALL STREET SEES SK HERCULES: THE HIGHEST TARGET IS $320, OR "SUPER-CYCLE" PERFORMANCE

At least six Wall Street financial institutions, including the United States Bank (BofA), have announced coverage of the SK Hercules American Depository Certificate (ADR) and have been given “buy-in” or “additional” ratings, benefiting from strong United States technology firm orders, high-end market leadership for the storage of chips and the continued growth of AI infrastructure investment, and SK Hercules is expected to be on a “super-cycle”-level performance, with stock prices still undervalued. Of these, Rosenblatt securities gave the highest target price of $320, with about 124 per cent of the increase compared to the $142.72 previously charged by SK Hercules ADR. Market analysts believe that SK Hercules remains a core beneficiary in the AI infrastructure supply chain as demand for AI servers, data centres and high bandwidth memory (HBM) continues to expand。

OKX - Unlock Rewards