“Samsung shares could rally over 40% to record highs on smartphone rebound and chips, analyst says”
September 12, 2020
“Samsung shares could rally over 40% in the next year, according to one analyst who sees TV and smartphone sales rebounding sharply in the near-term and a boost in the chip division.
SK Kim, analyst at Daiwa Capital Markets, raised his 12-month price target on the stock to 85,000 Korean won ($71.52) from 82,000 Korean won. That represents upside of around 45% from Wednesday’s close, when Kim issued his target price revision…”
https://www.cnbc.com/2020/09/11/samsung-shares-could-rally-on-smartphones-chips-analyst.html