Goldman Sachs strategists cut their 12-month target for South Korea’s KOSPI to 9,000 from 12,000, a 25% reduction, BlockBeats reported on October 25.
More cautious valuation assumptions
The report said the bank adopted more cautious valuation assumptions after the index fell more than 35% from its June high.
The strategists still regarded South Korean stocks as deeply undervalued, according to the report.
Source: BlockBeats, 2026-10-25 08:51:53 UTC.