Media stories about Tower Semiconductor (NASDAQ:TSEM) have been trending somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Tower Semiconductor earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave news stories about the semiconductor company an impact score of 45.6571104936595 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Tower Semiconductor (NASDAQ TSEM) opened at $33.27 on Monday. The stock has a market capitalization of $3,275.70, a PE ratio of 16.89, a price-to-earnings-growth ratio of 0.90 and a beta of 0.92. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.34. Tower Semiconductor has a fifty-two week low of $20.60 and a fifty-two week high of $36.69.
A number of analysts have issued reports on TSEM shares. Craig Hallum reaffirmed a “buy” rating and set a $39.00 price target (up from $32.00) on shares of Tower Semiconductor in a report on Wednesday, November 8th. Drexel Hamilton lifted their price target on Tower Semiconductor from $36.00 to $38.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. BidaskClub downgraded Tower Semiconductor from a “buy” rating to a “hold” rating in a report on Tuesday, December 5th. Credit Suisse Group lifted their price target on Tower Semiconductor from $36.00 to $40.00 and gave the stock an “outperform” rating in a report on Wednesday, November 15th. Finally, ValuEngine raised Tower Semiconductor from a “buy” rating to a “strong-buy” rating in a report on Friday, February 2nd. One analyst has rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $43.75.
About Tower Semiconductor
Tower Semiconductor Ltd. operates as an independent semiconductor foundry focused primarily on specialty process technologies. The Company focuses on producing integrated circuits (ICs) based on the design specifications of its customers. The Company manufactures semiconductors for its customers primarily based on third-party designs.
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