Goldman Sachs cut its Kospi target by 25% to 9,000 but maintained its bullish outlook on Korean equities. Goldman Sachs has slashed its 12-month target for South Korea's benchmark Kospi index to 9,000 from 12,000, citing heightened market volatility and slowing earnings momentum. Goldman Sachs reduced its 12-month target for South Korea's Kospi Index by 25%, citing intensified concerns over the AI trade and conservative valuation assumptions.