JP Morgan raised its bull-case target for South Korea's Kospi index to 15,000 and lifted its base and bear targets to 12,500 and 8,000 respectively, implying roughly 77% upside from Wednesday's close of 8,471.02. The bank keeps its highest overweight on Korean equities and recommends buying on dips, citing a constructive view on AI, stronger earnings at related hardware names, and further room for retail inflows.

2026-06-25

JP Morgan raised its bull-case target for South Korea's Kospi index to 15,000 and lifted its base and bear targets to 12,500 and 8,000 respectively, implying roughly 77% upside from Wednesday's close of 8,471.02. The bank keeps its highest overweight on Korean equities and recommends buying on dips, citing a constructive view on AI, stronger earnings at related hardware names, and further room for retail inflows.