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Morgan Stanley, a global investment bank (IB), has significantly lowered its target stock prices

Morgan Stanley cut target prices for Samsung Electronics (down 19%) and SK Hynix (down 38%) due to expected memory supply expansion post-2028, contrasting Nomura's higher targets. Morgan Stanley raised short-term profit forecasts but expects lower margins long-term. Both stocks remain 'overweight' rated.

Original reporting
mk.co.kr
Published Nov 10, 2026, 8:51 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 10, 2026, 9:42 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
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Morgan Stanley, a global investment bank (IB), has significantly lowered its target stock prices — source image
Source · mk.co.kr
Decision brief

The 30-second read

$005930.KSBearishMed
01

Why it matters

Analyst target cuts may trigger short‑term sell pressure, but raised profit forecasts could temper the decline.

02

Market read

Analyst revisions highlight divergent views on memory supply dynamics, influencing Korean chip stocks and related AI infrastructure exposure.

03

What to watch

Operating profit forecasts were raised, indicating short‑term earnings strength despite long‑term price cuts.

Relevance 7/10Novelty 7/10Timing: today

Background

Morgan Stanley lowered target prices for Samsung Electronics and SK Hynix amid expectations of memory oversupply post‑2028, while Nomura kept higher targets.

Company-level read

Ticker impact

$005930.KSBearishHigh confidence
Context

Morgan Stanley cut Samsung Electronics' target price by 19% to 309,000 won, indicating potential downside pressure.

Expected impact

likely pressure as the market prices in the reduced target price.

Evidence & confidence

Target price cut signals lower future earnings expectations, prompting sell interest.

$000660.KSBearishHigh confidence
Context

Morgan Stanley reduced SK Hynix's target price by 38% to 1.6 million won, suggesting a bearish outlook.

Expected impact

likely pressure as investors adjust to the lower valuation.

Evidence & confidence

A large target cut reflects concerns over memory supply oversupply, prompting potential sell-offs.

Market effects

Sector

Memory semiconductor sector may face broader valuation pressure as analysts anticipate oversupply.

Regional

Korean equities could see modest declines, especially chip makers.

Global

Potential ripple effect on global AI and data‑center investment outlook.

Counterpoint

What could challenge this read

Nomura maintains higher targets, suggesting a possible upside if supply constraints persist.

Key entities

  • Research Firm
    Morgan Stanley

    Issued the target price reductions.

  • Research Firm
    Nomura Securities

    Maintained higher target prices.

Read at source← All news

StoryMorgan Stanley cuts Samsung and SK hynix targets over post-2028 memory risks

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