Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $112.11, but opened at $115.47. Taiwan Semiconductor Manufacturing shares last traded at $118.35, with a volume of 640,628 shares traded. TSM has been the topic of a number of research reports. Needham & Company LLC initiated coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday, July 13th. They issued a “buy” rating and a $123.05 price objective on the stock. Zacks Investment Research downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a...