Needham Maintains Buy on Taiwan Semiconductor, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Charles Shi maintains a Buy rating on Taiwan Semiconductor (NYSE:TSM) and raises the price target from $210 to $225.
October 18, 2024 | 10:47 am
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Needham analyst Charles Shi has reaffirmed a Buy rating for Taiwan Semiconductor (TSM) and increased the price target from $210 to $225, indicating positive expectations for the stock.
The increase in the price target from $210 to $225 by Needham suggests a positive outlook for TSM's stock, likely leading to a short-term price increase. The reaffirmation of the Buy rating further supports this positive sentiment.
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