B · Normal
[Citigroup: Reiterates "Buy" rating for SK Hynix and raises operating profit forecast for the fourth fiscal quarter] On October 28, Citi issued a report, reiterating its "Buy" rating for SK Hynix and maintaining the target price at 3 million won. Citi raised its fourth-quarter operating profit forecast from 89.8 trillion won to 107 trillion won, and raised its full-year operating profit forecast for 2026/2027 by 7% and 12% respectively. Based on the scale of shareholder returns of approximately 100 trillion won in fiscal 2026, the bank expects shareholder returns in the fourth fiscal quarter to be approximately 35 trillion won, including approximately 15 trillion won in share repurchases and approximately 20 trillion won in cash dividends.
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