Information Provided By:
Fly News Breaks for March 3, 2020
Mar 3, 2020 | 09:22 EDT
Needham analyst Rajvindra Gill lowered the firm's price target on TowerJazz to $27 from $30 citing the company's indirect exposure to the smartphone supply chain through its RF customers amid the spread of the negative impact from the coronavirus. The analyst still keeps a Buy rating on the shares however, anticipating the 100G SiGe ramp to be powerful and long-lasting, with added benefits for the company coming from 5G infrastructure rollout and smartphone RF content growth.
News For TSEM From the Last 2 Days
There are no results for your query TSEM