Daishin Securities starts Hyundai Glovis coverage with ₩320,000 target price

Verifying
  • Daishin Securities initiated coverage of Hyundai Glovis with a Buy rating.
  • ₩320,000 was set as the target price, versus a ₩198,500 closing price.
  • Rising PCTC freight rates and Chinese vehicle exports supported the recommendation.
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