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Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Receives $126.41 Consensus Price Target from Brokerages

News Snapshot:

Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) have been given an average rating of “Hold” by the nine ratings firms that are presently covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $126.41. Several research analysts have commented on the company. Susquehanna Bancshares raised Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and boosted their target price for…

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