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Kia initiated with a Buy at Goldman Sachs

Goldman Sachs initiated coverage of Kia (KIMTF) with a Buy rating and KRW 135,000 price target Despite “all the worry” in their share prices, the firm sees signals that Hyundai Motor and Kia can increase their U.S. market share to 13.7% by 2028 from 11.5% in 2025, the analyst tells investors in a note on the Korean Auto names.

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