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Doosan Fuel Cell Cuts Price Target to 47,000 KRW on Delayed Overseas Orders, July 27

2026-07-27 09:32:52

Doosan Fuel Cell-29.90%

According to DS Investment & Securities on July 27, the firm cut its price target for Doosan Fuel Cell to 47,000 Korean won from 56,000 won, citing delayed timing of overseas order inflows. The company reported Q2 revenue of 44.3 billion won, down 65.5% year-over-year, with operating losses expanding to 50.9 billion won. The brokerage maintained a 'buy' rating, expecting second-half results to improve as 300 billion won in domestic equipment sales are anticipated.

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