This Is What Whales Are Betting On Taiwan Semiconductor
Portfolio Pulse from Benzinga Insights
Wealthy investors have taken a bullish stance on Taiwan Semiconductor (NYSE:TSM), with significant options activity indicating a price target range of $80 to $220. The stock is currently trading at $155.61, up by 3.03%. Analysts have a consensus target price of $168.
June 03, 2024 | 8:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wealthy investors have shown a bullish stance on Taiwan Semiconductor (NYSE:TSM) with significant options activity. The stock is currently trading at $155.61, up by 3.03%. Analysts have a consensus target price of $168.
The significant options activity, with a majority of calls over puts, indicates a bullish sentiment among wealthy investors. The stock's current upward movement and the analysts' target price further support a positive short-term outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100