In a report released yesterday, Mehdi Hosseini from Susquehanna maintained a Buy rating on Taiwan Semi (TSM), with a price target of $52. The company’s shares closed yesterday at $39.32.
According to TipRanks.com, Hosseini is a 4-star analyst with an average return of 9.9% and a 52.0% success rate. Hosseini covers the Consumer Goods sector, focusing on stocks such as Advanced Energy Industries, Hewlett Packard Enterprise, and Applied Materials Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Taiwan Semi with a $51 average price target.
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The company has a one-year high of $45.64 and a one-year low of $34.21. Currently, Taiwan Semi has an average volume of 9M.
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