Bernstein Maintains Outperform on Taiwan Semiconductor, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Mark Li maintains an Outperform rating on Taiwan Semiconductor (NYSE:TSM) and raises the price target from $125 to $150.
March 11, 2024 | 11:26 am
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POSITIVE IMPACT
Bernstein analyst Mark Li maintains an Outperform rating on Taiwan Semiconductor and raises the price target from $125 to $150.
The increase in price target by a reputable analyst suggests a strong confidence in the company's future performance, likely leading to positive investor sentiment and a potential increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100