UMC downgraded to Sell from Neutral at Goldman Sachs
From Yahoo Finance: 2025-05-23 17:20:00
Goldman Sachs analyst downgraded UMC to Sell from Neutral with a price target of NT$40.50 due to Taiwan’s currency appreciation against the US Dollar. UMC faces profitability erosion from currency mismatch, intensified competition from Chinese peers, rising costs, and unfavorable FX trends. These factors pose key downside risks to the company.
Read more at Yahoo Finance: UMC downgraded to Sell from Neutral at Goldman Sachs