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[Alpha Biz=(Chicago) Reporter Paul Lee] Samsung Securities lowered Orion's target price from 170,000 won to 150,000 won on the 22nd.
Samsung Securities said, "We reflected the decline in the valuation of global Peers," adding, "Overseas sales have been sluggish with reverse growth. We could not avoid the impact of the drop in exchange rates."
However, Samsung Securities predicted Orion's sales and operating profit to grow 9% and 11% in 2024 compared to the same period last year.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
