Hacking at SK Telecom Prompts Nomura to Cut Stock's Target -- Market Talk

Dow Jones

May 13

0326 GMT - A hacking incident at SK Telecom prompts Nomura to cut its price target for the stock. The cybersecurity breach, detected in April, brings the South Korean wireless carrier material downside risks to its subscriber growth, profit margins and shareholder returns, Nomura analysts Angela Hong and Won Kang write in a note. The company could see the number of its wireless subscribers fall by 240,000, or 0.7%, this year and pay a penalty of KRW50 billion-KRW100 billion, they reckon. They trim their dividend-per-share estimate for SK Telecom to KRW3,540 from KRW3,640. Nomura cuts the stock's target price by 8.9% to KRW51,000 and keeps its neutral rating. Shares are 1.0% lower at KRW51,700. (kwanwoo.jun@wsj.com)

(END) Dow Jones Newswires

May 12, 2025 23:26 ET (03:26 GMT)

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The cybersecurity breach, detected in April, brings the South Korean wireless carrier material downside risks to its subscriber growth, profit margins and shareholder returns, Nomura analysts Angela Hong and Won Kang write in a note. The company could see the number of its wireless subscribers fall by 240,000, or 0.7%, this year and pay a penalty of KRW50 billion-KRW100 billion, they reckon. They trim their dividend-per-share estimate for SK Telecom to KRW3,540 from KRW3,640. Nomura cuts the stock's target price by 8.9% to KRW51,000 and keeps its neutral rating. Shares are 1.0% lower at KRW51,700. (kwanwoo.jun@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 12, 2025 23:26 ET (03:26 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hacking at SK Telecom Prompts Nomura to Cut Stock's Target -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHacking at SK Telecom Prompts Nomura to Cut Stock's Target -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-13 11:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0326 GMT - A hacking incident at SK Telecom prompts Nomura to cut its price target for the stock. The cybersecurity breach, detected in April, brings the South Korean wireless carrier material downside risks to its subscriber growth, profit margins and shareholder returns, Nomura analysts Angela Hong and Won Kang write in a note. The company could see the number of its wireless subscribers fall by 240,000, or 0.7%, this year and pay a penalty of KRW50 billion-KRW100 billion, they reckon. They trim their dividend-per-share estimate for SK Telecom to KRW3,540 from KRW3,640. Nomura cuts the stock's target price by 8.9% to KRW51,000 and keeps its neutral rating. Shares are 1.0% lower at KRW51,700. (kwanwoo.jun@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 12, 2025 23:26 ET (03:26 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4552","symbol_name":"Archegos爆仓风波概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2535684847","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535684847","pubTimestamp":1747106760,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0326 GMT - A hacking incident at SK Telecom prompts Nomura to cut its price target for the stock. The cybersecurity breach, detected in April, brings the South Korean wireless carrier material downside risks to its subscriber growth, profit margins and shareholder returns, Nomura analysts Angela Hong and Won Kang write in a note. The company could see the number of its wireless subscribers fall by 240,000, or 0.7%, this year and pay a penalty of KRW50 billion-KRW100 billion, they reckon. They trim their dividend-per-share estimate for SK Telecom to KRW3,540 from KRW3,640. Nomura cuts the stock's target price by 8.9% to KRW51,000 and keeps its neutral rating. Shares are 1.0% lower at KRW51,700. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4552":"Archegos爆仓风波概念","SKM":"韩国SK电信","BK4132":"无线电信业务","BK4127":"投资银行业与经纪业","NMR":"野村控股"},"translate_title":"SK Telecom遭受黑客攻击促使野村证券下调股票目标——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NMR":1,"SKM":1},"content_text":"0326 GMT - A hacking incident at SK Telecom prompts Nomura to cut its price target for the stock. The cybersecurity breach, detected in April, brings the South Korean wireless carrier material downside risks to its subscriber growth, profit margins and shareholder returns, Nomura analysts Angela Hong and Won Kang write in a note. The company could see the number of its wireless subscribers fall by 240,000, or 0.7%, this year and pay a penalty of KRW50 billion-KRW100 billion, they reckon. They trim their dividend-per-share estimate for SK Telecom to KRW3,540 from KRW3,640. Nomura cuts the stock's target price by 8.9% to KRW51,000 and keeps its neutral rating. Shares are 1.0% lower at KRW51,700. (kwanwoo.jun@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 12, 2025 23:26 ET (03:26 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}