Citi's analyst rating for KB LAMINATES is based on the company's plan to increase the average selling prices of copper clad laminates and prepreg by 15%, which is higher than the previous inflation rate of 10%. This price hike is driven by a significant increase in electronic glass fiber cloth prices due to unexpected demand from the AI sector. As a result, Citi has raised its earnings forecasts for the company and expects a strong profit alert for the first half of 2026, leading to an increase in the target price and maintaining a Buy rating.
