Form 6-K TOWER SEMICONDUCTOR LTD For: Feb 22

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Tower Semiconductor (TSEM) PT Lowered to $37 at Craig-Hallum; Growth Drivers Intact

February 23, 2018 7:42 AM EST

Craig-Hallum lowered its price target on Buy-rated Tower Semiconductor (NASDAQ: TSEM) to $37.

Analyst Richard Shannon said while the Q1 guidance suggests a slow start to 2018, growth drivers are intact. They see gross margin leverage potential in the 2nd-half.

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