Nomura Downgrades SK Telecom Co to Reduce
Portfolio Pulse from Benzinga Newsdesk
Nomura analyst Angela Hong downgrades SK Telecom Co (NYSE:SKM) from Neutral to Reduce, indicating a negative outlook on the company's stock.
February 05, 2024 | 5:28 pm
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Nomura analyst Angela Hong downgrades SK Telecom Co from Neutral to Reduce, suggesting a pessimistic view on the stock's future performance.
The downgrade from Neutral to Reduce by a Nomura analyst directly impacts SK Telecom's stock by suggesting a negative outlook. This could lead to a decrease in investor confidence and potentially lower stock prices in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100