Goldman Strategist Holds 12,000 KOSPI Target: Will Memory Earnings Close a 74% Gap?

South Korea’s KOSPI index would need to climb roughly 74% to reach the level Goldman Sachs strategist Timothy Moe still expects. He is holding a 12,000 target set before the index lost a quarter of its value. Moe, the bank’s chief Asia Pacific equity strategist, published the call three months ago and has not revised
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