[Featured Stock] "Synergy Expected from Iruda Merger" Classys Rises Over 6%

The stock price of Classys, expected to benefit from the synergy of the Iruda merger, is on the rise. As of 10:58 AM on the 23rd, Classys was trading at 52,800 KRW, up 3,300 KRW (6.67%) from the previous trading day.

On the previous day, Mirae Asset Securities raised the target price of Classys from 60,000 KRW to 67,000 KRW.

Kim Chung-hyun, a researcher at Mirae Asset Securities, said, "With the diversification of equipment following the Iruda merger, we will secure beauty devices for all energy sources," adding, "Regional diversification, distribution network optimization, and synergy from combined procedures are also expected factors."