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Fly News Breaks for October 30, 2018
TSEM
Oct 30, 2018 | 08:48 EDT
Craig-Hallum analyst Richard Shannon lowered his price target for TowerJazz to $21 from $29 given Q3 results below consensus and continued trend of missed guidance. The analyst sees near-term macro uncertainty but believes long-term risk/reward is compelling. Shannon reiterates a Buy rating on the shares.
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