(Reuters) - The investment bank said it would lower its 2007 net income
forecast for Samsung Electronics Co. Ltd. by 6.9
percent to 8.3 trillion won and its 2008
estimate by 4.6 percent to 10.4 trillion won.
UBS also cut its share target price on Samsung to 670,000
won from 690,000 won. Shares in the world's biggest maker of
memory chips were up 0.7 percent to 578,000 won by 0047 GMT,
following tame U.S. inflation data.
Read more at Reuters.com Hot Stocks News
forecast for Samsung Electronics Co. Ltd. by 6.9
percent to 8.3 trillion won and its 2008
estimate by 4.6 percent to 10.4 trillion won.
UBS also cut its share target price on Samsung to 670,000
won from 690,000 won. Shares in the world's biggest maker of
memory chips were up 0.7 percent to 578,000 won by 0047 GMT,
following tame U.S. inflation data.
Read more at Reuters.com Hot Stocks News
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