BofA Securities maintained its Buy rating on Taiwan Semiconductor Manufacturing (NYSE:TSM) following the company’s 2025 Technology Symposium event in North America. The firm reaffirmed its $220 price target on the stock. Analysts led by Brad Lin said that TSM’s 2025 outlook appears positive.
The Technology Symposium, held in North America, showcased TSM’s advancements in semiconductor technology. BofA Securities’ decision to maintain its Buy rating indicates confidence in TSM’s future performance.
Taiwan Semiconductor Manufacturing Company Limited, a leading manufacturer of semiconductors, continues to be viewed favorably by analysts. The reaffirmation of the $220 price target suggests that BofA Securities expects TSM to continue its positive trajectory.
Investors will likely be watching TSM’s stock performance closely in the coming months. The company’s ability to meet or exceed expectations will be crucial in determining its future stock price.
