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[Featured Stock] SK Telecom Rises Over 3% on Expectations of Business Growth and Shareholder Returns

Expectations for business growth and expanded shareholder returns have been reflected, and SK Telecom's stock price continues to rise.


[Featured Stock] SK Telecom Rises Over 3% on Expectations of Business Growth and Shareholder Returns

As of 10 a.m. on the 27th, SK Telecom was trading at 60,100 won, up 1,800 won (3.09%) from the previous trading day. During the session, it reached 60,500 won, setting a new 52-week high.


On the same day, Mirae Asset Securities maintained a buy rating and a target price of 70,000 won for SK Telecom. Sujin Kim, a researcher at Mirae Asset Securities, said, "The growth in data center and cloud sales, among other AI business achievements, will be a growth driver," adding, "This year's dividend per share (DPS) is expected to be 3,700 won, with a dividend yield reaching 6.5%."


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