Smart Money Is Betting Big In TSM Options
Portfolio Pulse from Benzinga Insights
Financial giants are making bullish moves on Taiwan Semiconductor (NYSE:TSM) through options trading, with 54% of trades being bullish. The price target for TSM is between $90 and $220, with a consensus analyst target of $250. TSM's stock is up 2.44% to $170.5, and the next earnings report is in 55 days.
August 23, 2024 | 4:46 pm
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Taiwan Semiconductor (NYSE:TSM) sees significant bullish options activity, with 54% of trades being bullish. Analysts maintain a positive rating with a $250 target. Current stock price is $170.5, up 2.44%.
The article highlights a strong bullish sentiment in TSM's options market, with a majority of trades being calls. Analysts have a positive outlook with a high price target, and the stock is currently performing well. This suggests a likely positive short-term impact on TSM's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100