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[Citigroup: Raises SK Hynix Target Price to 3.1 Million KRW, Rating 'Buy'] Odaily Planet Daily News - Citigroup released a report predicting that SK Hynix (000660.KS) will benefit from the strong upward trend in average selling prices of bulk memory and better-than-expected high-bandwidth memory (HBM) price growth in the second half of 2026. The bank expects HBM pricing to increase by 30% quarter-on-quarter in Q4 2026, and anticipates SK Hynix will benefit from the HBM product portfolio effect, as well as strong bulk memory pricing supported by Anthropic's recent update (which more than doubled the token limit). The bank raised its target price from 1.7 million KRW to 3.1 million KRW, maintaining a 'Buy' rating. (Jin10)

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