Morgan Stanley: The impact of the New Taiwan Dollar appreciation is limited, maintaining an "Overweight" rating on Taiwan Semiconductor
I'm PortAI, I can summarize articles.
Morgan Stanley stated that the recent appreciation of the New Taiwan Dollar has a limited negative impact on Taiwan Semiconductor, maintaining an "Overweight" rating with a target price of NT$ 1,288. Although the appreciation of the New Taiwan Dollar may lead to a decline in Taiwan Semiconductor's gross margin and earnings per share, Morgan Stanley believes this will not harm the company's profitability and points out that some adverse factors are being eliminated, which may drive the expansion of Taiwan Semiconductor's price-to-earnings ratio
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments