🟢 TSMC is trading 5% up today as Barclays raises price target to $470

TSMC is trading at $387.01 (+5.14%) after Barclays raised its price target, sparking a rally in the semiconductor giant.

• Barclays increased its price target to $470 from $450 while maintaining an overweight rating.
• The stock's gains align with a 1.42% rise in the NASDAQ, driven by easing geopolitical tensions.
• Market sentiment improved following news of an indefinite US-Iran ceasefire extension.