Wall Street bullish on SK Hynix ADR upside, citing potential ongoing shortage of memory chips

```htmlGolden Ten Data reported on July 15 that Wall Street believes a certain exchange still has nearly double the upside potential. Barclays Bank analyst Simon Coles stated that the shortage of storage chip supply will persist for a considerable period, setting a target price of $330 per share for a certain exchange. Barclays expects the supply shortage in the storage chip sector to worsen further in 2027, with only limited improvement anticipated by 2028. Therefore, the supply-demand tension is expected to last for the next few years. The bank believes that stocks in the storage chip sector are currently "seriously undervalued." The bank also forecasts that by the end of 2027, the amount of cash and cash equivalents held by a certain exchange will exceed 40% of the company’s current market value, and expects the company will continue to expand its stock repurchase program.```