Goldman Sachs raises the target level of the South Korean KOSPI index to 7,000 points.
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Golden Ten Data, March 6 – Goldman Sachs has raised its target for South Korea's KOSPI index from 6,500 points to 7,000 points, citing the continued strength in memory chip prices. Strategists including Timothy Moe stated: "We believe this market pullback is a correction, and after a period of consolidation, it is likely to rebound and reach new highs." Goldman Sachs has raised its 2026 earnings forecast for South Korea from 120% to 130%, marking the third upward revision this year.
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