NH Investment & Securities and KB Securities have raised their target price for LG Innotek to 1.2 million won. This is due to expectations for stock price correlation with the semiconductor sector and anticipated benefits from autonomous driving.

According to the securities industry on May 23, NH Investment & Securities raised LG Innotek’s target price from 1 million won to 1.2 million won the previous day, while maintaining its ‘Buy’ investment opinion. This follows a recent increase from 700,000 won to 1 million won on May 18, making it the second upward revision within just a few days. KB Securities also raised its target price by 26%, from 950,000 won to 1.2 million won. The 1.2 million won target is the highest among all…