Tower Semiconductor price target raised to $135 from $100 at Susquehanna

Susquehanna analyst Mehdi Hosseini raised the firm’s price target on Tower Semiconductor (TSEM) to $135 from $100 and keeps a Positive rating on the shares. The firm said they are increasing estimates following its strong 3Q25 earnings report. The RF Infrastructure segment remains on track to contribute 45% or more of total revenue by 2027, supporting the firm’s view that annualized EPS could meet/exceed $5.50 exiting 2027.