Needham Reiterates Buy on Taiwan Semiconductor, Maintains $115 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Charles Shi has reiterated a 'Buy' rating on Taiwan Semiconductor (NYSE:TSM) and maintained a price target of $115.
October 20, 2023 | 8:15 am
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Needham analyst has reiterated a 'Buy' rating on Taiwan Semiconductor (TSM) and maintained a price target of $115.
The reiteration of a 'Buy' rating by a Needham analyst and the maintenance of a $115 price target indicates a positive outlook for Taiwan Semiconductor. This could potentially lead to an increase in investor confidence and a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100