[Wall Street Optimistic About SK Hynix ADR Doubling in Value, Barclays Sets $330 Target Price] According to a report by Jinse Finance, on July 15, Wall Street believes that SK Hynix ADR still has nearly double the upside potential. Barclays analyst Simon Coles stated that the shortage of memory chip supply will persist for a prolonged period, assigning a target price of $330 per share for SK Hynix ADR. Barclays predicts that the supply shortage in the memory chip industry will worsen further by 2027, with limited improvement expected by 2028, suggesting that the supply-demand tension is likely to continue in the coming years. The firm believes that stocks in the memory chip sector are currently 'severely undervalued.' Barclays also forecasts that by the end of 2027, the cash and cash equivalents held by SK Hynix will exceed 40% of the company's current market value and expects the company to continue expanding its stock buyback program.