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Woofun AI reports that JPMorgan Chase has increased its price target for the Seoul Composite Index to 15,000, maintaining an overweight stance and advising purchases on dips. Strategists highlighted a positive outlook on artificial intelligence and related hardware earnings, suggesting further potential for retail buying. The bullish projection indicates a 77% gain from the closing level of 8471.02 points.
Additionally, the bank adjusted its base case target to 12,500 points and its bear case target to 8,000 points.