Analysts Offer Insights on Technology Companies: TSMC (TSM) and Unusual Machines Inc. (UMAC)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on TSMC (TSM) and Unusual Machines Inc. (UMAC) with bullish sentiments.
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TSMC (TSM)
Needham analyst Charles Shi maintained a Buy rating on TSMC today and set a price target of $480.00. The company’s shares closed last Wednesday at $375.10.
According to TipRanks.com, Shi is a 5-star analyst with an average return of
TSMC has an analyst consensus of Strong Buy, with a price target consensus of $448.20, which is a 17.5% upside from current levels. In a report issued on April 1, Barclays also assigned a Buy rating to the stock with a $450.00 price target.
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Unusual Machines Inc. (UMAC)
Needham analyst Austin Bohlig reiterated a Buy rating on Unusual Machines Inc. today and set a price target of $20.00. The company’s shares closed last Wednesday at $15.42.
According to TipRanks.com, Bohlig is a 3-star analyst with an average return of
Currently, the analyst consensus on Unusual Machines Inc. is a Moderate Buy with an average price target of $20.50.
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