DS Securities Raises Doosan Target Price… "Optical Module Sales Expected to Triple in Second Half"

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(Seoul = Yonhap News) Reporter Hwang Cheol-hwan = DS Investment & Securities announced on the 18th that it has raised its target price for Doosan [000150] from 2.4 million won to 2.75 million won...

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On the 18th, DS Investment & Securities raised its target price for Doosan from the previous 2.4 million won to 2.75 million won. This is based on the forecast that sales of Copper Clad Laminates (CCL), supplied for optical transceivers, will increase explosively. Doosan's closing price on the previous trading day was 1,413,000 won. Kim Soo-hyun, an analyst at DS Investment & Securities, stated, "Sales of CCL for optical transceivers in the firs…