News
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Tower Semiconductor Ltd. Stock 12‑Month Price Target Cut to $294.91, Implies 90% Upside
The average 12-month price target for Tower Semiconductor from 10 analysts fell to $294.91 from $297.91, with forecasts ranging from $235 to $335 per share. Based on the Nov. 2 closing price, that target implies about 90% potential upside.
Published:
Updated:
What happened
The average 12-month price target for Tower Semiconductor from 10 analysts fell to $294.91 from $297.91, with forecasts ranging from $235 to $335 per share. Based on the Nov. 2 closing price, that target implies about 90% potential upside.
Confirmed
Global impact / market context
A higher target than the current price suggests analysts expect the stock to rise, which can draw investor attention. The small cut to the average target shows views softened slightly, while the consensus rating stayed at Buy across 11 analysts, meaning most still recommend the shares.
Analyst inference
The spread from $235 to $335 shows analysts disagree about how much Tower's shares are worth, so the average can hide a wide range of views. A Buy consensus with one Hold and no Sells signals generally positive analyst positioning on the stock despite the trimmed target.
Analyst inference
What to watch
- The 10-analyst average target is now $294.91, down from $297.91, with individual forecasts between $235 and $335 per share, so future revisions to these figures could shift the average again. Confirmed
- Watch whether the consensus rating of Buy, based on 10 Buys, 1 Hold and 0 Sells across 11 analysts, changes as new recommendations are published, since a downgrade would alter the balance of analyst views. Proposed
- Compare the Nov. 2 closing price with the $294.91 target to judge whether the implied 90% upside persists, because a rising share price would shrink that gap even if targets stay unchanged. Analyst inference
Evidence
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