DDA Davidson TTSMC · TSM
DA Davidson Reiterates Buy on Taiwan Semi, $450 PT
Rating
Buy
Price target
$450
Previous
$450
Implied upside
+24%
DA Davidson analyst Gil Luria reiterated a Buy rating and $450.00 price target on Taiwan Semi (NYSE: TSM).
“We reiterate our BUY rating and price target of $450 on TSM following strong 1Q26 earnings that were highlighted by a beat on top and bottom-line expectations.
Advanced technologies accounted for 74% of wafer revenue (-3% Q/Q; +1% Y/Y), with management guiding capital expenditures towards the high end of their prior range ($52-56B) to meet continued demand for leading-edge process technologies.”
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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
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