Author: ksb220805@gmail.com

[Research] ABL Bio (298380) – Mirae Asset Securities | BBB Shuttle Re-rating · IGF1R Competitiveness · ABL001 Data Readout / 2026-03-26

March 26, 2026August 21, 2026 ksb220805@gmail.com

Brokerage : Mirae Asset Securities Analyst : Seungmin Kim Investment Rating : Not Rated Target Price : – Core Momentum : Re-rating of the IGF1R-targeting Grabody-B platform following Denali’s initial BBB shuttle FDA approval, alongside upcoming ABL001 Phase 2/3 trial data readout in April 📊 1. [Valuation & Key Financial Metrics] 🚀 2. [Market Opportunities…

Research, Bio & Healthcare

[Research] SK hynix (000660 / SKHY) – Mirae Asset | ADR Listing · Valuation Gap · Re-rating / 2026-03-25

March 25, 2026August 24, 2026 ksb220805@gmail.com

Market: KOSPI (000660) Brokerage : Mirae Asset Securities Analyst : Younggun Kim, Dahyun Jang Investment Rating : BUY (Maintained) Target Price : 1,540,000 KRW (Maintained) Core Momentum : The U.S. ADR listing process is expected to establish a new global valuation benchmark and narrow the multiple discount to overseas memory peers, while robust earnings growth…

Research, Semiconductors

[Research] LigaChem Biosciences (141080) – Shinhan Securities | ConjuALL · Clinical Milestones · Big Pharma L/O / 2026-03-24

March 24, 2026August 21, 2026 ksb220805@gmail.com

Brokerage : Shinhan Securities Analyst : Hocheol Lee, Minyong Eom Investment Rating : Not Rated Target Price : – Core Momentum : Acceleration into a large-scale licensing phase supported by upcoming 1H clinical readouts for LCB71 and LCB84 alongside clinical track records with global big pharma 📊 1. [Valuation & Key Financial Metrics] 🚀 2….

Research, Bio & Healthcare

[Research] SK hynix (000660 / SKHY) – Mirae Asset | Memory Pricing · ADR Listing · Valuation Re-rating / 2026-03-23

March 23, 2026August 24, 2026 ksb220805@gmail.com

Market: KOSPI (000660) Brokerage : Mirae Asset Securities Analyst : Younggun Kim Investment Rating : BUY (Maintained) Target Price : 1,540,000 KRW (Maintained) Core Momentum : Resilient memory pricing and structural capacity constraints are driving upward earnings revisions, while the planned U.S. ADR listing provides a potential catalyst for multiple expansion and valuation re-rating. 📊…

Research, Semiconductors

[Research] Samsung SDI (006400) – Mirae Asset Securities | BBU Momentum · Hungarian Utilization Rebound · 2026 Operating Profit Turnaround / 2026-03-18

March 18, 2026August 22, 2026 ksb220805@gmail.com

Brokerage : Mirae Asset Securities Analyst : Chul-joong Kim Investment Rating : BUY (Maintained) Target Price : KRW 600,000 (Maintained) Core Momentum : Driven by accelerated demand for high-margin cylindrical BBUs in ESS and plant utilization recovery in Hungary, the company is projected to turn an operating profit in 2026 alongside strong North American ESS…

Research, EV & Battery

[Research] SK hynix (000660 / SKHY) – Daishin | Memory ASP · Earnings Upgrades · Valuation Appeal / 2026-03-16

March 16, 2026August 24, 2026 ksb220805@gmail.com

Market: KOSPI (000660) Brokerage : Daishin Securities Analyst : Hyungkeun Ryu, RA Jiwon Seo Investment Rating : BUY (Maintained) Target Price : 1,450,000 KRW (Maintained) Core Momentum : Sharp DRAM and NAND ASP increases are expected to drive a significant Q1 earnings beat and substantial full-year earnings upgrades, while the recent share-price correction leaves valuation…

Research, Semiconductors

[Research] SK hynix (000660 / SKHY) – Mirae Asset | Memory Pricing · Supply Deficit · Valuation Appeal / 2026-03-04

March 4, 2026August 24, 2026 ksb220805@gmail.com

Market: KOSPI (000660) Brokerage : Mirae Asset Securities Analyst : Younggun Kim Investment Rating : BUY (Maintained) Target Price : 1,540,000 KRW (Maintained) Core Momentum : Resilient memory pricing and a widening gap between limited capacity expansion and demand growth indicate that underlying fundamentals remain intact, while the geopolitically driven share-price correction has created significant…

Research, Semiconductors

[Research] LIG D&A (079550) – Hana Securities | Complementing Patriot · Cheongung-II Cost Competitiveness · KRW 26.2T Backlog / 2026-03-03

March 3, 2026August 21, 2026 ksb220805@gmail.com

Brokerage : Hana Securities Analyst : Woonsam Chae Investment Rating : BUY (Maintain) Target Price : KRW 710,000 (Upward) Core Momentum : Severe supply bottlenecks and high costs for US Patriot systems driving global demand for Cheongung-II, supported by a KRW 26.2T order backlog anchoring multi-year earnings compounding through 2028 1. [Valuation & Key Financial…

Research, Defense

[Research] SK hynix (000660 / SKHY) – Kiwoom | Legacy Memory Pricing · Earnings Upgrades · Volume Growth / 2026-03-03

March 3, 2026August 24, 2026 ksb220805@gmail.com

Market: KOSPI (000660) Brokerage : Kiwoom Securities Analyst : Yuak Pak Investment Rating : BUY (Maintain) Target Price : 1,300,000 KRW (Upgraded) Core Momentum : Sharp legacy DRAM and NAND price increases are driving substantial earnings upgrades, while the memory cycle is expected to transition from price-led gains toward CapEx-supported volume growth as profitability strengthens….

Research, Semiconductors

[Research] SK hynix (000660 / SKHY) – SK Securities | AI Memory · NAND Tiering · Earnings Re-rating / 2026-02-24

February 24, 2026August 24, 2026 ksb220805@gmail.com

Market: KOSPI (000660) Brokerage : SK Securities Analyst : Donghee Han Investment Rating : BUY (Maintained) Target Price : 1,600,000 KRW (Upgraded) Core Momentum : AI memory demand is expanding beyond HBM into DRAM and NAND, with inference-driven memory tiering creating a new role for NAND while multi-dimensional supply constraints strengthen pricing power, earnings visibility,…

Research, Semiconductors