Wedbush Raises Price Target on Tower Semiconductor (TSEM) Following Positive Q1 Commentary

Wedbush upgraded its price target for Tower Semiconductor Ltd. (NASDAQ:TSEM) to $300 from $140, maintaining a Neutral rating after reviewing the company's positive fiscal Q1 results and commentary. The firm acknowledged past underestimation of optical datacenter networking trends but noted recent contracts worth $1.3 billion in 2027 revenue.

By Noor Ul Ain Rehman Sat, May 23, 2026 at 2:53 PM GMT+3 2 min read · Yahoo Finance · May 23, 2026, 11:53 UTC

Tickers: $TSEM

Topics: AI optical connectivity price target upgrade semiconductor

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