Citi analyst Laura Chen raised the firm’s price target on TSMC (TSM) to NT$2,450 from NT$1,800 and keeps a Buy rating on the shares. Citi cites strong demand for the company’s advanced node from datacenter for the target bump.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSM:
- AIQ vs. BOTZ vs. ARTY: Which AI ETF Is the Best Buy for 2026?
- Nvidia’s Key Chip Supplier TSMC Beats Q4 Revenue Estimates on AI Chip Demand
- Why Investors Are Still Mispricing TSMC’s AI Tollbooth
- Chinese Chip Stocks Surge as Beijing Halts Nvidia’s H200 Chip Orders
- Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories!