Wall Street Analysts See a 27.55% Upside in TSMC (TSM): Can the Stock Really Move This High?
TSMTSMC(TSM) ZACKS·2024-09-04 23:00

Shares of TSMC (TSM) have gained 3.3% over the past four weeks to close the last trading session at 160.49,buttherecouldstillbeasolidupsideleftinthestockifshorttermpricetargetsofWallStreetanalystsareanyindication.Goingbythepricetargets,themeanestimateof160.49, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of 204.71 indicates a potential upside of 27.6%.The mean estimate comprises seven short-term price targets with a standard deviation of 28.26.Whilethelowestestimateof28.26. While the lowest estimate of 170 indicates a 5.9% increase from the current price ...