Tower Semiconductor Analysts Boost Their Forecasts Following Upbeat Q3 Results
1. Tower Semiconductor's Q3 results exceeded expectations with $395.67 million revenue. 2. Adjusted EPS of 55 cents outperformed analyst estimate of 54 cents. 3. CEO highlights strong year-over-year growth in core technologies driving expansion. 4. Q4 revenue projection ranges from $418 million to $462 million, higher than estimates. 5. Analysts raised price targets significantly, with new highs up to $135.