M Stanley Maintains TSMC as Preferred Choice with Increased Earnings Projections and Target Price
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 16 2026
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Source: aastocks
Morgan Stanley's Recommendation: Morgan Stanley has reaffirmed TSMC as its top pick, raising its EPS forecasts for 2026-27 by 8% and 7%, respectively.
Target Price Increase: The target price for TSMC has been increased from TWD1,988 to TWD2,088, maintaining an Overweight rating.
Valuation Insights: The current valuation based on the 2027 EPS forecast is approximately 15 times, indicating potential for increased capital inflow.
US Building Permits Update: In related news, the preliminary Building Permits MoM for October in the United States is reported at -0.2%, a decrease from the previous value of 6.4%.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
