LG CNS Set to Benefit from Parent Group's Physical AI Investments
Dow Jones
Jul 09
0618 GMT - LG CNS, a software company providing artificial-intelligence and cloud-computing services, is set to benefit from its parent conglomerate's planned investments in physical AI and robotics, say Daiwa Capital's Joon Lee and Thomas Y. Kwon. LG Group's system integration affiliate could accelerate earnings growth over the 2026-2028 period, driven by growing captive contracts for robotics transformation solutions and industrial robot management services for other LG Group affiliates, the analysts say in a note. Daiwa initiates coverage of the stock with a buy rating and a 100,000 won target price. Shares are recently 1.8% lower at 69,900 won. (kwanwoo.jun@wsj.com)
(END) Dow Jones Newswires
July 09, 2026 02:18 ET (06:18 GMT)
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