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Shinhan Securities cuts Kia target price 18.8% on third-quarter profit outlook

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  • Shinhan Securities cut Kia’s target price from ₩240,000 to ₩195,000.
  • 18.8% was the reduction, with the new target approximately $140.
  • Kia’s third-quarter operating profit is expected to miss consensus by roughly 10%.
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Shinhan Securities cuts Kia target price 18.8% on third-quarter profit outlook - CoinPost Terminal