Taiwan Semiconductor Manufacturing (NYSE:TSM) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Thursday, Zacks.com reports. The firm presently has a $154.00 price objective on the semiconductor company’s stock. Zacks Investment Research ‘s price target points to a potential upside of 23.66% from the company’s previous close. 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...