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Taiwan Semiconductor Manufacturing (NYSE:TSM) Sets New 52-Week Low at $104.47 – American Banking News

News Snapshot:

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM – Get Rating )’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $104.47 and last traded at $107.81, with a volume of 262403 shares changing hands. The stock had previously closed at $115.90. A number of equities analysts recently weighed in on the company. DZ Bank began coverage on Taiwan Semiconductor Manufacturing in a research note on Wednesday, January 12th. They issued a “buy” rating and a $145.00 price target on the stock. Morgan Stanley raised Taiwan Semiconductor Manufacturing from an “equal weight”…

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