Are Analysts Bullish about Tower Semiconductor Ltd. (NASDAQ:TSEM) after last week?

May 18, 2018 - By Richard Conner

Tower Semiconductor Ltd. (NASDAQ:TSEM) Ratings Coverage

Among 2 analysts covering Tower Semiconductor (NASDAQ:TSEM), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Tower Semiconductor had 5 analyst reports since November 29, 2017 according to SRatingsIntel. The stock has “Buy” rating by Drexel Hamilton on Tuesday, May 8. The stock of Tower Semiconductor Ltd. (NASDAQ:TSEM) earned “Buy” rating by Drexel Hamilton on Wednesday, November 29. Drexel Hamilton maintained Tower Semiconductor Ltd. (NASDAQ:TSEM) rating on Monday, April 2. Drexel Hamilton has “Buy” rating and $4600 target. On Thursday, February 22 the stock rating was maintained by Drexel Hamilton with “Buy”. On Tuesday, May 8 the stock rating was downgraded by Needham to “Buy”. Below is a list of Tower Semiconductor Ltd. (NASDAQ:TSEM) latest ratings and price target changes.

08/05/2018 Broker: Needham Old Rating: Strong Buy New Rating: Buy Downgrade
08/05/2018 Broker: Drexel Hamilton Rating: Buy New Target: $46.0000 Maintain
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

The stock decreased 1.37% or $0.34 during the last trading session, reaching $24.48. About 149,688 shares traded. Tower Semiconductor Ltd. (NASDAQ:TSEM) has risen 18.08% since May 18, 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 $2.41 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 8.45 P/E ratio. It also offers transfer optimization and development process services to integrated device manufacturers and fabless companies.

More notable recent Tower Semiconductor Ltd. (NASDAQ:TSEM) news were published by: Nasdaq.com which released: “Mid-Day Market Update: athenahealth Surges Following $160/Share Cash Offer From Elliott Management; Del Frisco’s …” on May 07, 2018, also Nasdaq.com with their article: “TowerJazz Reports Results for the First Quarter of 2018 and Second Quarter Guidance Growth” published on May 07, 2018, Seekingalpha.com published: “Tower Semiconductor’s (TSEM) CEO Russell Ellwanger on Q1 2018 Results – Earnings Call Transcript” on May 07, 2018. More interesting news about Tower Semiconductor Ltd. (NASDAQ:TSEM) were released by: Fool.com and their article: “Why International Flavors & Fragrances, Tower Semiconductor, and Dentsply Sirona Slumped Today” published on May 07, 2018 as well as Globes.Co.Il‘s news article titled: “Tue: NICE continues to climb as TASE gains” with publication date: May 15, 2018.

Tower Semiconductor Ltd. (NASDAQ:TSEM) Ratings Chart

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