Check Out What Whales Are Doing With TSM
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Taiwan Semiconductor (NYSE:TSM), with 63% of detected trades showing bullish expectations. Whales have been targeting a price range of $80 to $145 for TSM over the last 3 months. Needham downgraded its action to Buy with a price target of $118.
June 06, 2023 | 2:47 pm
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Whale investor shows bullish stance on Taiwan Semiconductor, with a targeted price range of $80-$145. Needham downgrades to Buy with a $118 price target.
The bullish stance of the whale investor, along with the majority of detected trades showing bullish expectations, indicates a positive short-term impact on TSM's stock price. Additionally, Needham's downgrade to Buy with a price target of $118 suggests that the stock has potential for growth.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100