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Morgan Stanley Sees 36% Upside to Korean Stocks After ‘Washout’

Bloomberg Markets Sunday 02 August 2026, 23:34 UTC By Carmeli Argana 1 min read
Key Points

Morgan Stanley Sees 36% Upside to Korean Stocks After ‘Washout’ Morgan Stanley upgraded South Korean stocks to overweight, saying the recent “leverage washout” offers investors a better entry point into the artificial intelligence trade and industrial super-cycle theme. After the sharp unwinding of crowding and leverage, Kospi offers 36% upside to Morgan Stanley’s target of 9,000, strategists led by Daniel K Blake said in a note. The country was previously rated equalweight by the broker.

Morgan Stanley Sees 36% Upside to Korean Stocks After ‘Washout’ Morgan Stanley upgraded South Korean stocks to overweight, saying the recent “leverage washout” offers investors a better entry point into the artificial intelligence trade and industrial super-cycle theme. After the sharp unwinding of crowding and leverage, Kospi offers 36% upside to Morgan Stanley’s target of 9,000, strategists led by Daniel K Blake said in a note. The country was previously rated equalweight by the broker.
Morgan Stanley Sees (ORG) Korean (ORG) Morgan Stanley (ORG) South Korean (ORG) Kospi (PERSON) Morgan Stanley’s (ORG) Daniel K Blake (PERSON)
Originally published by Bloomberg Markets Read original →

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