Analysts Are Bullish on Top Technology Stocks: TSMC (TSM), Wisetech Global (WTCHF)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on TSMC (TSM) and Wisetech Global (WTCHF) with bullish sentiments.
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TSMC (TSM)
Barclays analyst Simon Coles maintained a Buy rating on TSMC today and set a price target of $450.00. The company’s shares closed last Thursday at $363.35.
Coles has an average return of
According to TipRanks.com, Coles is ranked #3075 out of 12196 analysts.
Currently, the analyst consensus on TSMC is a Strong Buy with an average price target of $448.71, which is a 21.6% upside from current levels. In a report released yesterday, TipRanks – xAI also reiterated a Buy rating on the stock with a $443.00 price target.
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Wisetech Global (WTCHF)
In a report released today, Lucy Huang from UBS maintained a Buy rating on Wisetech Global, with a price target of A$67.00. The company’s shares closed last Thursday at $27.21.
According to TipRanks.com, Huang is ranked #7007 out of 12196 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Wisetech Global with a $55.53 average price target, implying a 104.5% upside from current levels. In a report released yesterday, Rothschild & Co Redburn also upgraded the stock to Buy with a A$60.00 price target.
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