03:10 PM EDT, 05/13/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We adjust our target price to USD36 from USD34, valuing the stock at 0.30x 2025 P/BV, 40% below its five-year mean. We project revenue to decline by 2% in 2025 before rebounding 5% in 2026, with operating profit margin improving slightly to 3.7%-4.2%. We expect persistent challenges from global steel oversupply and depressed lithium prices (lithium carbonate to trade between USD8.5k/ton and USD9.5k/ton in 2025, in our estimates), forcing POSCO to delay its Argentina lithium projects to Q1 2026. POSCO's strategic move, including its Hyundai Motor Group joint venture in Louisiana and JSW partnership in India, position it well long term, but require substantial near-term capital outlays (KRW8.8 trillion planned for 2025). We raise our 2025 EPS forecast to KRW4,429 from KRW3,513 and cut 2026's to KRW5,509 from KRW5,589. We expect steel and battery materials demand to remain weak in 2025 from sluggish global economy growth.