Macro Finance
Goldman Cuts Kospi 12-Month Target by 25% as AI Trade Unravels
Bloomberg Markets·October 25, 2026·1 min read
Goldman Sachs Group Inc. strategists slashed their 12-month target for South Korea's Kospi Index by 25%, after raising it repeatedly this year, as concerns over the artificial intelligence trade intensify. The cut reflects growing worries about AI-related valuations and their impact on the market's key tech stocks.
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