BofA Global Research initiated coverage on SK Hynix and set a $250 price target, according to a Jin10 report cited by PANews.
BofA Global Research has initiated coverage on SK Hynix and assigned the stock a buy rating with a $250 target price. The move, reported by Jin10 and cited by PANews on Aug. 4, marks the start of formal research coverage by the bank on SK Hynix.