Investment Banks Raise South Korea’s Investment Ratings

SEOUL, May 24 (Korea Bizwire) – Global investment banks (IBs) have upgraded their investment ratings on South Korean stocks and hiked targets of its benchmark stock index on expectations for higher corporate earnings and other positives, a report showed Wednesday.  Among seven major foreign IBs, UBS, Nomura, Citi, Credit Suisse and Bank of America Merill [...]