Is there a Bearish outlook for Tower Semiconductor Ltd. (NASDAQ:TSEM) this week?

April 16, 2018 - By Stephen Andrade

Tower Semiconductor Ltd. (NASDAQ:TSEM) Ratings Coverage

Among 3 analysts covering Tower Semiconductor (NASDAQ:TSEM), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Tower Semiconductor had 6 analyst reports since November 7, 2017 according to SRatingsIntel. The stock has “Outperform” rating by Credit Suisse on Wednesday, November 15. Craig Hallum maintained Tower Semiconductor Ltd. (NASDAQ:TSEM) on Wednesday, November 8 with “Buy” rating. The stock has “Buy” rating by Drexel Hamilton on Thursday, February 22. The company was maintained on Monday, April 2 by Drexel Hamilton. Drexel Hamilton maintained Tower Semiconductor Ltd. (NASDAQ:TSEM) rating on Wednesday, November 29. Drexel Hamilton has “Buy” rating and $46.0 target. Drexel Hamilton maintained Tower Semiconductor Ltd. (NASDAQ:TSEM) on Tuesday, November 7 with “Buy” rating. Below is a list of Tower Semiconductor Ltd. (NASDAQ:TSEM) latest ratings and price target changes.

02/04/2018 Broker: Drexel Hamilton Rating: Buy New Target: $46.0000 Maintain
22/02/2018 Broker: Drexel Hamilton Rating: Buy New Target: $46.0 Maintain
29/11/2017 Broker: Drexel Hamilton Rating: Buy New Target: $46.0 Maintain
15/11/2017 Broker: Credit Suisse Rating: Outperform Old Target: $36 New Target: $40 Maintain
08/11/2017 Broker: Craig Hallum Rating: Buy New Target: $39.0 Maintain
07/11/2017 Broker: Drexel Hamilton Rating: Buy New Target: $36.0 Maintain

The stock increased 0.95% or $0.27 during the last trading session, reaching $28.74. About 148,708 shares traded. Tower Semiconductor Ltd. (NASDAQ:TSEM) has risen 18.08% since April 16, 2017 and is uptrending. It has outperformed by 6.53% the S&P500.

Tower Semiconductor Ltd., an independent semiconductor foundry, makes and markets analog intensive mixed-signal semiconductor devices in the United States, Asia, and Europe. The company has market cap of $2.83 billion. The firm provides various customizable process technologies, including silicon-germanium, BiCMOS, mixed-signal/complementary metal oxide semiconductor , radio frequency CMOS, CMOS image sensor, integrated power management, and micro-electro-mechanical systems. It has a 9.92 P/E ratio. It also offers transfer optimization and development process services to integrated device manufacturers and fabless companies.

Tower Semiconductor Ltd. (NASDAQ:TSEM) Ratings Chart

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