Morgan Stanley Upgrades South Korea Stocks After 30% KOSPI Crash

South Korea’s “leverage washout” has created a fresh entry point into the AI trade, according to Morgan Stanley, which lifted its rating on the country’s equities to overweight. The bank now sees the KOSPI climbing 36% to its 9,000 target. Strategists led by Daniel K Blake described the selloff as mainly technical. The bank previously The post Morgan Stanley Upgrades South Korea Stocks After 30% KOSPI Crash appeared first on BeInCrypto.