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TSM rose 3% in premarket trading as Goldman Sachs upgraded its target price

Tiger Newspress2022-01-03

TSM rose 3% in premarket trading as Goldman Sachs upgraded its target price.According to the latest research report of Goldman Sachs, the growth rate of TSMC in 2022 will be higher than that in 2021 due to the rise of chip prices, the industry upgrading cycle of high performance computer (HPC) / 5G and other favorable factors. Two analysts at Goldman Sachs wrote in a report on Sunday that TSMC's US dollar revenue this year is expected to increase by 26.1% year-on-year, compared with 24.6% in 2021. The target price is raised from NT $1028 to NT $1035. The new target price means that the stock has 68% potential upward space compared with the closing price on December 30.

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Comment26

  • kian11
    ·2022-01-04
    Should have invested this during the pandemic…
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  • Annie_ann29
    ·2022-01-04
    Like plz
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  • TaiWoeiHaur
    ·2022-01-04
    Good morning please like 
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  • BKT
    ·2022-01-03
    Good. Pls like thanks.
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    Fold Replies
    • DMC8
      Okay
      2022-01-04
      Reply
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  • Kerrisdale
    ·2022-01-03
    have i seen this upgrade coming..[smile] 
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  • Jasminephyo
    ·2022-01-03
    Ok
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  • MerLina
    ·2022-01-03
    Nice run at open this morning [Happy] 
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  • Xkuanx
    ·2022-01-03
    Good job 
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  • ShadowBan
    ·2022-01-03
    ok
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  • Yanishere
    ·2022-01-03
    Nice!
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  • HENRYCSC
    ·2022-01-03
    [Miser] 
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  • 来人
    ·2022-01-03
    Nice
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  • Mal06
    ·2022-01-03
    Come on man.... Price target raise by NT 7 bucks? That's USD 30 cents. Might as well not increase. What kind of thrash news. 
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  • AhBeann
    ·2022-01-03
    Nice!
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  • Okie_cheong
    ·2022-01-03
    Up n Strong!!! 👏🏻👏🏻👏🏻
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  • PengsieX
    ·2022-01-03
    There was never any doubt
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  • MrTig3r
    ·2022-01-03
    power
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  • Ronchan
    ·2022-01-03
    About time….up up and away TSMC
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  • SYFU
    ·2022-01-03
    Ohhh
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  • Kclchua989
    ·2022-01-03
    Nice
    Reply
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