Flash News

WALL STREET DOUBLES THE SK HERCULES ADR

On 15 July, Wall Street believed that SK Hercules ADR still had near-twice rise. Barclays Bank analyst Simon Coles stated that the stock chip supply shortfall would last for a longer period, at a target price of $330 per share of SK Hercules ADR. Barclay expects that supply shortages in the storage chip industry will increase further in 2027 and that improvements will remain limited by 2028, so that supply and demand tensions are expected to continue in the coming years. In the view of the bank, the current stock of chip plates is “seriously underestimated”. The Bank also expects that, by the end of 2027, SK Hercules will hold more than 40 per cent of the company ' s current market value in cash and cash equivalents and that the company will continue to expand its stock buy-backs。

OKX - Unlock Rewards