Susquehanna analyst Mehdi Hosseini raised the firm’s price target on TSMC to $180 from $160 and keeps a Positive rating on the shares. The firm ncreased estimates driven by better wafer ASP’s and raised its target due to EPS power moving up toward $10 and continued valuation re-rating.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSM: