Craig-Hallum Maintains Buy on Tower Semiconductor, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Richard Shannon maintains a Buy rating on Tower Semiconductor (NASDAQ:TSEM) and raises the price target from $40 to $44.
May 10, 2024 | 4:16 pm
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Craig-Hallum analyst Richard Shannon maintains a Buy rating on Tower Semiconductor and raises the price target from $40 to $44, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst suggests a strong confidence in Tower Semiconductor's future performance, likely leading to positive investor sentiment and a potential increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100