Susquehanna Maintains Positive on Taiwan Semiconductor, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Mehdi Hosseini maintains a Positive rating on Taiwan Semiconductor (NYSE:TSM) and raises the price target from $130 to $160.
February 13, 2024 | 4:35 pm
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POSITIVE IMPACT
Susquehanna analyst Mehdi Hosseini maintains a Positive rating on Taiwan Semiconductor and raises the price target from $130 to $160.
The increase in price target by a reputable analyst like Mehdi Hosseini signals a strong confidence in Taiwan Semiconductor's future performance. This is likely to positively influence investor sentiment and potentially lead to a short-term increase in TSM's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100