Samsung Electronics shares drop after Morgan Stanley cuts view, sees chip boom peaking
A Morgan Stanley research report issued on Sunday downgraded its view of Samsung to "equal weight" from "overweight" and trimmed its price target on the stock by 3.4 percent to 2.8 million won, saying its earnings in the memory segment are not seen growing materially next year.
Nov 27, 2017, 13:25 PM IST