Robotis target set at 450,000 won as actuator demand outpaces supply

Verifying
  • Korea Investment & Securities maintained Robotis’s Buy rating and 450,000-won target price.
  • Robotis has more than 500,000 outstanding actuator orders, with Magok production at full capacity.
  • The Uzbekistan plant is scheduled to begin operations between this year’s fourth quarter and next year’s first quarter.
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