SK Hynix Stock Price: Analysts Set $240 Target After S&P Upgrade

The post SK Hynix Stock Price: Analysts Set $240 Target After S&P Upgrade appeared first on Coinpedia Fintech News

S&P Global Ratings raised SK Hynix’s credit rating from BBB+ to A-, citing strong AI-driven business performance, with a positive outlook for further gains. The upgrade follows the company’s capital return plan, which has already pushed SK Hynix stock up 11.3% over the past three weeks. Second-quarter results support the optimism. Revenue hit 79.32 trillion …