UBS: Raises TSMC target price to NT$3,400, maintains "Buy" rating.

BlockBeats news, June 29, UBS raised its target price for TSMC from NT$3,000 to NT$3,400 and maintained a "buy" rating.

The bank also raised its sales growth forecast for TSMC for 2026 and said the growth momentum is expected to continue for several more years.

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