Tower Semi (TSEM) Tops Q4 EPS by 25c, Offers Q1 Guidance
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Forward Air (FWRD) Appoints Shawn Stewart as CEO
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Tower Semiconductor (TSEM) PT Raised to $18 at Imperial Capital Following Solid Q4
February 24, 2015 9:57 AM ESTImperial Capital analyst Ashok Kumar reiterated an Outperform rating and boosted his price target on Tower Semiconductor (NASDAQ: TSEM) to $18.00 (from $15.00) following Q4 results.
Kumar commented, "TSEM reported strong year-end results from core customer growth, new customer additions, and improving operational profitability. The company reported 34% year-over-year (yoy) revenue... More