Yuanta Securities: Hyundai Motor’s Recent Stock Price Rise Is Solely Based on Robotics; Investment Opinion Downward: Neutral. On the 16th, Yuanta Securities analyzed that Hyundai Motor’s recent stock price rise was based on expectations of growth for Boston Dynamics in the robotics market, rather than a re-evaluation of its new automotive business. While the target price was raised to 690,000 won, the core business's
Yuanta Securities: Hyundai Motor’s Recent Stock Price Rise Is Solely Based on Robotics; Investment Opinion Downward: Neutral. On the 16th, Yuanta Securities analyzed that Hyundai Motor’s recent stock price rise was based on expectations of growth for Boston Dynamics in the robotics market, rather than a re-evaluation of its new automotive business. While the target price was raised to 690,000 won, the core business's