Samsung Electronics target price raised to record W360,000

Brokerages are raising earnings forecasts and price targets for Samsung Electronics, citing strong momentum in AI-driven memory demand and growing expectations for long-term supply contracts with major tech firms. On Tuesday, KB Securities raised its 2026 operating profit forecast for Samsung Electronics and set a target price of 360,000 won ($245), one of the highest among local brokerages. Kim Dong-won, head of research at KB Securities, said requests from Big Tech firms for five-year, long-te

By The Korea Herald