IBK Investment & Securities Significantly Raises Amotech's Target Price... AI Component Sales Expected
IBK Investment & Securities has significantly raised Amotech's target price from 20,000 won to 42,000 won, citing expectations that AI-related component sales are beginning to be reflected in its performance. The brokerage maintained a 'Buy' rating, anticipating a re-evaluation of the company's value, as Amotech's Q1 2026 revenue of 60.9 billion won exceeded previous forecasts by 13.8% QoQ, driven by initial AI-related sales.
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