01:40 AM EDT, 04/17/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target price to USD413 (from USD388), based on a 2026 P/E of 25.9x. The multiple represents two standard deviations above the 10-year mean of 18x, reflecting sustained margin strength, strong earnings visibility, and continued demand for leading-edge technologies. We maintain our 2026 and 2027 revenue forecasts as Q1 2026 results were in line with expectations, while Q2 guidance supports continued sequential growth and reinforces near-term visibility. All in, we raise our 2026 EPADS estimate to TWD503.96 (from TWD477.10) and 2027 EPADS to TWD755.94 (from TWD682.25), reflecting improved margin assumptions following Q1 2026 margin strength and management guidance indicating sustained profitability. Demand remains above supply, supporting utilization and pricing, although growth is paced by capacity expansion. Continued strength in advanced nodes and sustained customer demand provide visibility into earnings growth over the medium term.