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Needham & Company LLC upped their target price on Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the stock a "buy" rating in a research report on Thursday.
Value was USD 2.2 trillion October 16, 2026. Taiwan Semiconductor Manufacturing stock was EUR 368.00
TSMC, the advanced-chip foundry NYSE:TSM, traded at $414.60, down approximately 3.6%, around 10:54 a.m. ET on October 15, as investors weighed stronger revenue expectations against softer operating margins. According to TheFly, Needham analyst Charles Shi raised his price target to $560 from $530 a…