SK hynix (SKHY.US) delivers impressive earnings report, Wall Street unanimously bullish

Smart Finance APP has learned that SK Hynix (SKHY.US) delivered a record-breaking third quarter report, along with a shareholder return plan that far exceeded market expectations. JPMorgan and Citi both maintained bullish ratings in reports dated October 28—JPMorgan maintains an Overweight rating with a target price of 2.75 million KRW, Citi reiterates a Buy rating with a target price of 3 million KRW, and Wedbush raised its target price from 2.56 million KRW to 3 million KRW while maintaining an “Outperform” rating.