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 55% of detected trades showing bullish expectations and 44% bearish. Whales have been targeting a price range of $55 to $150 for TSM over the last 3 months. Needham downgraded TSM to Buy with a price target of $118, while Susquehanna maintained a Positive rating with a price target of $128.
June 26, 2023 | 6:01 pm
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Whale investor shows bullish stance on Taiwan Semiconductor (NYSE:TSM), with majority of detected trades being bullish. Analysts have mixed price targets, with Needham at $118 and Susquehanna at $128.
The bullish stance of the whale investor, along with the mixed price targets from analysts, indicates a potential short-term increase in TSM's stock price. The majority of detected trades being bullish also supports this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100