M Stanley Raises SK Hynix TP to 2.6M Won, Lifts EPS Forecasts; LTAs Provide Downside Protection for DRAM Prices

AASTOCKS News
2026.05.19 06:18
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M Stanley has raised its target price for SK Hynix to KRW 2.6 million and increased EPS forecasts for 2026 to 2028 by 6%, 3%, and 14%, respectively. The report highlights that long-term agreements (LTAs) are transforming the memory business, providing downside protection for DRAM prices and leading to higher price-to-earnings ratios for SK Hynix and Samsung Electronics.