Thinking of buying stocks or options in Wells Fargo, Taiwan Semiconductor Manufacturing or Rite Aid?

Analysts and brokerage firms often use ratings when issuing stock recommendations to stock traders.

Analysts arrive at stock quotes by researching public financial statements, communicating with executives and clients, and tracking industry trends.

Here are the latest analyst ratings updates for Wells Fargo & Co. WFC, Taiwan Semiconductor Mfg. Co.Ltd. TSM and Rite Aid Corporation GDR:

The latest price target for Wells Fargo was announced by Citigroup on April 11. The analyst firm has set a price target of $56.00, a possible upside of 13.53%. Seventeen analyst firms have released ratings over the past year.

Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets.

Traders and investors will be watching Wells Fargo’s first-quarter earnings report, confirmed Thursday before the market opened. Wells Fargo is expected to post EPS of 80 cents on revenue of $17.79 billion.

The latest price target for Taiwan Semiconductor was announced by Atlantic Equities on January 13. The analytics firm has set a price target of $170.00, a possible upside of 74.27%. Five analyst firms have released ratings over the past year.

Taiwan Semiconductor Manufacturing Company is the largest dedicated chip foundry in the world.

Traders and investors will be watching Taiwan Semiconductor’s first-quarter earnings report, confirmed Thursday before the market opened.

Also Read: Why This Nvidia and Qualcomm Analyst Lowers Price Targets for These Chip Stocks

The latest price target for Rite Aid was announced by Deutsche Bank on April 7. The analytics firm has set a price target of $1.00, a possible decline of -86.60%. 2 analyst firms have published ratings in the past year.

Rite Aid is a large retail pharmacy chain in the United States.

Traders and investors will be watching for Rite Aid’s fourth quarter earnings report, confirmed Thursday before the market opened. Rite Aid is expected to post an EPS loss of 56 cents on revenue of $5.95 billion.

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