🟢 TSMC is trading 4% up today after Barclays raises price target
TSM
TSMC is trading at $382.80 (+4%) after Barclays increased its price target on the stock.
Barclays raised its price target on TSM to $470.00 from a previous $450.00, maintaining an "overweight" rating.
The stock is also benefiting from a broader tech-led market rally after an Iran ceasefire extension eased geopolitical tensions, boosting investor sentiment.