NH Investment cuts Hyundai Department Store target 5.6% to 170,000 won
AI Summary- NH Investment maintained its Buy rating on Hyundai Department Store and reduced its target price.
- Third-quarter sales and operating profit were estimated at 1.1406 trillion and 89.2 billion Korean won.
- Foreign sales were projected to rise over 60%, while duty-free operating profit may reach 40 billion won by 2027.