TowerJazz (TSEM) Tops Q2 EPS by 10c; Offers Q3 Outlook
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Drexel Hamilton Reiterates Buy on Tower Semiconductor (TSEM) Following Positive 2Q Report
August 5, 2016 7:01 AM EDTDrexel Hamilton reiterated a Buy rating and $28.00 price target on Tower Semiconductor (NASDAQ: TSEM) following the company's 2Q earnings report. Sales grew 10% sequentially and 29% year-over-year. Adjusted EPS was $0.39, vs the consensus of $0.35. Q3 guidance is for another 6.5% of sequential growth to a mid-point of $325... More
Tower Semiconductor (TSEM) PT Raised to $20 at Needham & Company Following Q2 Results; Top Rating Maintained
August 4, 2016 2:25 PM EDTNeedham & Company analyst Rajvindra Gill reiterated a Strong Buy rating and lowered raised his price target on Tower Semiconductor (NASDAQ: TSEM) to $20.00 (from $18.00) following record Q2 results.
Gill commented, "TSEM posted a significant beat and raise qrt. driven by strength across all of... More
