Daishin Securities raised its target stock price from 90,000 won to 110,000 won on the 2nd, saying that major artists such as Black Pink, Baby Monster, and Treasure will start to rebound in the second half of the year.
Daishin Securities predicted that YG’s consolidated operating profit on a year-on-year basis in the second quarter will reach 4.6 billion won, exceeding the consensus (market expectations).
This is an analysis reflecting the sales tax of the second performance of Baby Monster and the effect of the Chinese pop-up store.
Daishin Securities predicted that…