KGI Securities initiated coverage on shares of Taiwan Semiconductor Manufacturing ( NYSE:TSM – Get Rating ) in a report released on Wednesday, The Fly reports. The brokerage issued an outperform rating on the semiconductor company's stock. Several other brokerages have also recently commented on TSM. Needham & Company LLC reaffirmed a buy rating and set a $110.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, March 10th. StockNews.com assumed coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, March 16th.

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