Morgan Stanley Upgrades South Korea Stocks After 30% KOSPI Crash
South Korea’s “leverage washout” has created a fresh entry point into the AI trade, according to Morgan Stanley, which lifted its rating on the country’s equities to overweight. The bank now sees the KOSPI climbing 36% to its 9,000 target. Strategists led by Daniel K Blake described the selloff as mainly technical. The bank previously
South Korea’s “leverage washout” has created a fresh entry point into the AI trade, according to Morgan Stanley, which lifted its rating on the country’s equities to overweight. The bank now sees the KOSPI climbing 36% to its 9,000 target. Strategists led by Daniel K Blake described the selloff as mainly technical. The bank previously
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