Needham Maintains Buy on Taiwan Semiconductor, Raises Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Charles Shi maintains a Buy rating on Taiwan Semiconductor (NYSE:TSM) and raises the price target from $168 to $210.
July 15, 2024 | 9:30 am
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Needham analyst Charles Shi has reaffirmed a Buy rating on Taiwan Semiconductor (NYSE:TSM) and increased the price target from $168 to $210.
The reaffirmation of a Buy rating and the significant increase in the price target from $168 to $210 by a reputable analyst is likely to positively impact investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100