Popular stocks with increasing volume: TSM PLTR MU DELL ARM META SMCI HPE PFE PFE

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Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) PT Raised to $200 at Bernstein SocGen Group

June 20, 2024 5:05 AM EDT

Bernstein SocGen Group analyst Mark Li raised the price target on Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) to $200.00 (from $150.00) while maintaining a Outperform rating.

The analyst comments "High-end phone & adv nodes are propelling TSMC to top its 2024 guidance. Data center AI revenue is rising as planned, but more data indicating AI driving an upward shift in smartphone came as an upside... More