AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Tower Semiconductor's 15-minute chart has exhibited a MACD Death Cross and Bollinger Bands Narrowing at 10/06/2025 13:45. This indicates that the stock price has the potential to continue its downward trajectory, with a notable decrease in the magnitude of its fluctuations.
Tower Semiconductor Ltd. (NASDAQ: TSEM), an independent semiconductor foundry based in Israel, has recently caught the attention of financial analysts. On September 18, Barclays initiated coverage of TSEM with a price target of $74 and an Equalweight rating. The analyst firm highlighted TSEM's exposure to high-growth Silicon Photonics and Silicon Germanium technologies, which are among the company's fastest-growing divisions. Additionally, Barclays cited TSEM's robust balance sheet, with $1 billion in net cash, and its ambitious roadmap, which projects a $2.7 billion revenue run-rate with an operating margin of at least 21% upon completion of its $1.2 billion capital expenditure program [1].Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet