WOLFE RESEARCH SEES STRONG UPSIDE FOR SK HYNIX Wolfe Research reiterated its Outperform rating on SK Hynix ($SKHY ) with a $250 price targe…
WOLFE RESEARCH SEES STRONG UPSIDE FOR SK HYNIX
Wolfe Research reiterated its Outperform rating on SK Hynix ($SKHY ) with a $250 price target, citing strong demand for high-bandwidth memory (HBM) used in AI infrastructure.
Analyst Chris Caso sees potential upside from HBM pricing, increased memory production, and attractive valuation at approximately 4.5 times bull-case earnings.
Wolfe also estimates SK Hynix could generate enough free cash flow to repurchase 28% of its shares over two years, assuming its projected shareholder-return policy.