Goldman Sachs slashes Kospi target to 9,000 but still sees over 60% upside

What happened: Goldman Sachs cut its Kospi target by 25% to 9,000 while maintaining its bullish outlook on Korean equities. Key numbers: Target cut 25% to 9,000; the firm still sees over 60% upside. Why it matters: The lower target still implies substantial upside, so the bank keeps a positive view on Korean equities despite the reduction.

Goldman Sachs cut its Kospi target by 25% to 9,000 while maintaining its bullish outlook on Korean equities.

The lower target still implies substantial upside, so the bank keeps a positive view on Korean equities despite the reduction.