Korean Kolmar Gains Focus as KB Securities Raises Target After Q1 Beat

KB Securities on the 11th raised its target price for Korean Kolmar after the company posted first-quarter results that exceeded expectations. The brokerage said the stock is "cheap relative to its growth potential." The assessment reflects the view that Korean Kolmar’s share price has not fully captured its growth profile after the stronger-than-expected quarterly performance. The target-price increase points to attention on both earnings momentum and valuation appeal. The article’s stated basis is limited to the first-quarter earnings beat and KB Securities’ view that the shares are undervalued relative to growth. Source: yna.co.kr