Bernstein Maintains Outperform on Taiwan Semiconductor, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Mark Li maintains an Outperform rating on Taiwan Semiconductor (NYSE:TSM) and raises the price target from $150 to $200.
June 20, 2024 | 11:28 am
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POSITIVE IMPACT
Bernstein analyst Mark Li maintains an Outperform rating on Taiwan Semiconductor (NYSE:TSM) and raises the price target from $150 to $200.
The raised price target from $150 to $200 by a reputable analyst at Bernstein is a strong positive signal for investors. This suggests confidence in TSM's future performance, likely leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100