Here’s What the Wall Street Thinks About Taiwan Semiconductor Manufacturing Company (TSM)
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the High-Flying Tech Stocks to Buy. On January 19, DBS reiterated a Buy rating on the stock with a price target of $391. Earlier, on January 16, TD Cowen maintained a Hold rating on the stock and raised the price target from $325 to $370. Analysts at TD Cowen noted that they have another upside quarterly outlook for the company. This optimistic outlook is based on the company raising its long-term revenue growth target to 25% CAGR f ...