Taiwan Semiconductor Manufacturing (NYSE:TSM) Shares Down 1.2% on Analyst Downgrade

Market Beat
2025.12.01 21:53
portai
I'm LongbridgeAI, I can summarize articles.

Taiwan Semiconductor Manufacturing (NYSE:TSM) shares fell 1.2% after Wall Street Zen downgraded the stock from a buy to a hold rating. Despite the downgrade, other analysts maintain a buy rating with an average price target of $371.67. TSM's quarterly revenue increased by 40.1% year-over-year, and the company announced a dividend increase. Hedge funds and institutional investors own 16.51% of the stock.