SK Hynix Target Bumped at Wedbush after Blockbuster Earnings

Wedbush raised its price target on SK Hynix (SKHY) to 3M won from 2.56M won, citing stronger-than-expected memory chip prices, rising shipments and increased shareholder returns following the South Korean chipmakerâs record quarterly results. SKHY's Korean-listed shares ju

Wedbush raised its price target on SK Hynix (SKHY) to 3M won from 2.56M won, citing stronger-than-expected memory chip prices, rising shipments and increased shareholder returns following the South Korean chipmakerâs record quarterly results.

SKHY’s Korean-listed shares jumped

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