Needham Reiterates Buy on Taiwan Semiconductor, Maintains $168 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 $168.
May 22, 2024 | 11:03 am
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Needham analyst Charles Shi has reiterated a Buy rating on Taiwan Semiconductor (NYSE:TSM) and maintained a price target of $168.
The reiteration of a Buy rating and the maintenance of a $168 price target by a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100