TSMC shares fall 3.6% as Needham raises price target to $560
TSMC traded at $414.60, down approximately 3.6%, around 10:54 a.m. ET on October 15. Needham analyst Charles Shi raised his price target to $560 from $530.
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…