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Rating: TSEM
Strong Buy $18

Tower Semiconductor Ltd. (NASDAQ: TSEM) rated to Strong Buy with price target $18 by Needham

Friday,  Jan 22, 2016  8:25 AM ET by Betsy O'Brien Harrison

Needham rated Tower Semiconductor
Ltd. (NASDAQ: TSEM) to Strong Buy with price target $18.

Tower Semiconductor Ltd. is an independent manufacturer and service provider of semiconductor integrated circuits on silicon wafers. They provide IC design, manufacturing and turnkey services using advanced production capabilities and the proprietary IC designs of their customers, and are specializing in providing solutions for embedded non-volatile memory devices and CMOS image sensors. (press release)

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.



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