Benchmark Reiterates Buy on Tower Semiconductor, Maintains $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Cody Acree reiterates a Buy rating on Tower Semiconductor (NASDAQ:TSEM) and maintains a $40 price target.
May 10, 2024 | 4:30 pm
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Benchmark analyst Cody Acree reaffirmed a Buy rating on Tower Semiconductor, with a continued price target of $40, indicating a positive outlook on the stock.
The reaffirmation of a Buy rating and a $40 price target by a Benchmark analyst suggests a strong conviction in the stock's potential for growth. This positive analyst coverage is likely to influence investor sentiment positively in the short term, potentially driving up the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100