Securities Firms Raise Target Prices Across the Board on Samsung E&A's Strong Performance Driven by 'Group Company Orders'

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On the 24th, Eugene Investment & Securities projected that Samsung E&A could achieve an annual operating profit of 1 trillion won, having recorded strong performance in the second quarter of this year that exceeded market expectations. The firm maintained its "Buy" rating and raised the target price by 13.2% from the previous 68,000 won to 77,000 won. Samsung E&A's consolidated revenue for the second quarter of this year increased by 19.8% year-…

연합뉴스-Yonhap News Agency

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(Seoul = Yonhap News) Reporter Kim Yu-hyang = As Samsung E&A [028050] recorded quarterly earnings exceeding market expectations thanks to orders from group companies, securities firms...