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Goldman Sachs Slashes South Korea Stock Target Amid AI Market Volatility
Goldman Sachs has reduced its 12-month target for South Korea's KOSPI index by 25%, citing a shift in investor sentiment regarding artificial intelligence stocks. The move follows a significant decline in the index from its June peak as market participants re-evaluate the sustainability of AI-driven capital expenditures.
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Goldman Sachs Updates European Conviction List With Four New Stock Picks
Goldman Sachs has refreshed its European Conviction List, adding four new companies that analysts believe are positioned for significant growth. The update includes a defense sector pick that highlights the firm's bullish outlook on regional security spending.
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