LG Electronics Robotics Push Gains Attention as Hana Raises Target Price

Hana Securities said on the 14th that LG Electronics is securing a growth driver through its active push into the robotics business, and raised its target price from 160,000 won to 230,000 won. The assessment focused on LG Electronics’ new-business direction and the pace of its robotics initiatives. The original report also referred to LG Electronics’ first-quarter consolidated results this year, but the provided summary did not include specific figures. The robotics business may be cited as an important factor in judging LG Electronics’ future growth prospects. Source: mk.co.kr