Goldman Sachs cuts South Korea Kospi 12-month target by 25% amid AI trade unwind

Goldman Sachs has slashed its 12-month target for South Korea's Kospi index by 25%, citing a reversal in AI-driven gains and deteriorating market technicals.

The downgrade signals growing concerns among major investment banks that the AI trade rotation is losing momentum, particularly in semiconductor-heavy markets like South Korea. This realignment could pressurize Korean tech stocks and shift capital flows.

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