[South Korean Brokerage KIS: Samsung Electronics 'Severely Undervalued,' Target Price Raised by 10% to 650,000 KRW] BlockBeats News, August 1 — On July 31, South Korean brokerage Korea Investment Securities released a research report stating that it has raised the target price of Samsung Electronics by 10% to 650,000 KRW, maintaining a 'Buy' rating. The firm believes that the market is still pricing Samsung based on the traditional cyclical stock logic, overlooking the fact that long-term supply agreements are driving the memory business to transition from 'cycle-driven' to 'order-driven.' This shift is expected to enhance the company's earnings stability, performance predictability, and valuation center. The current stock price is considered to be in a state of 'severe undervaluation.'