Brokerages are becoming more optimistic about HD Hyundai Heavy Industries as the shipbuilder has already exceeded its annual order targets for commercial vessels and engines this year, while additional orders could support earnings growth through 2028. IBK Investment & Securities raised its target price to 840,000 won from 816,000 won, about 79% above the 470,000-won closing price on the 14th. The brokerage expects revenue of 24.6418 trillion won and operating profit of 3.9919 trillion won this year, increases of 40.2% and 95.9%, respectively, from a year earlier. The company traded at 468,000 won at 9:08 a.m. on the 15th, down 2.30%, while Hanwha Ocean and Samsung Heavy Industries also fell and the broader market showed limited upward momentum. Shinyoung Securities and NH Investment & Securities have also raised their target prices, to 1 million won and 720,000 won, respectively.