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Goldman Sachs Cuts Kospi Target by 25% Amid AI Stock Selloff

  • Goldman Sachs reduced its 12-month target for the Kospi Index by 25%.
  • The reduction is due to a rise in volatility and a decrease in the growth multiple for AI stocks.
  • Goldman strategist Tim Moe made the decision based on current market conditions.
  • This marks a significant change from Goldman's previous stance on the Korean market.
  • The Kospi Index is considered a leading indicator for the global AI trade.

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  1. Goldman Cuts Kospi Target by 25% Amid AI Stock Selloff

    Goldman Sachs strategists reduced their 12-month target for South Korea’s Kospi Index by 25% due to intensifying concerns over the artificial intelligence trade.

  2. Latest

    Kospi Index Leading Indicator for Global AI Trade

    The Kospi index is identified as a leading indicator for the global AI trade, with Goldman Sachs adjusting its forecast by 25% due to reduced growth expectations and increased volatility.

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Goldman Sachs Cuts Kospi Target by 25% Amid AI Stock Selloff | Split Angle