Citigroup has raised its target price for Taiwan Semiconductor by 12% to NT$1,150 and reaffirmed its buy rating on the company. It has also increased its profit forecast, citing faster recovery in operating rates and improvement in demand for advanced processes.
花旗上调台积电目标价 因盈利前景走强
Citigroup raises target price for Taiwan Semiconductor due to stronger profit prospects.
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