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Fly News Breaks for October 9, 2018
TSEM
Oct 9, 2018 | 07:59 EDT
Jefferies analyst Mark Lipacis started TowerJazz with a Buy rating and $30 price target. The analyst views TowerJazz as the leading analog foundry play and thinks the fundamentals that drove the stock to outperform over the past five years are in place for the next five. For 2019, he estimates earnings per share above the Street at $2.30.
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