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Taiwan Semiconductor Manufacturing (NYSE:TSM) Rating Increased to Strong-Buy at Zacks Investment Research

January 21, 2022
Source: rivertonroll.com rivertonroll.com
News Snapshot:
Taiwan Semiconductor Manufacturing (NYSE:TSM) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a report released on Thursday, Zacks.com reports. The brokerage currently has a $154.00 price target on the semiconductor company’s stock. Zacks Investment Research ‘s target price indicates a potential upside of 16.98% from the stock’s current price. According to Zacks, “Taiwan Semiconductor Manufacturer Co is the world’s largest dedicated integrated circuit foundry. As a foundry, the Company manufactures ICs for its customers based on their proprietary IC designs using its advanced production processes. TSMC’s goal is to establish itself as one...
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