Mawer Investment Management Adds $254M in Tower Semiconductor Ltd. ($TSEM)
Key Points
- Wall Street's consensus rating on $TSEM is Strong Buy and an average price target of $313.83.
- $TSEM last traded around $262.92.
Mawer Investment Management acquired a new position in Tower Semiconductor Ltd. ($TSEM), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 965,035 shares of Tower Semiconductor Ltd.. Mawer Investment Management's holdings in Tower Semiconductor Ltd. were worth $253.73 million as of its most recent filing.
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About Tower Semiconductor Ltd.
Tower Semiconductor Ltd., an independent semiconductor foundry, provides technology, development, and process platforms for integrated circuits in the United States, Japan, rest of Asia, and Europe. The company provides customizable process technologies, including SiGe, SiPho, mixed signal CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, wafers, and integrated power management. It also offers a design enablement platform for a design cycle, as well as transfer optimization and development process services to integrated device manufacturers and fabless companies. The company serves consumer applications, personal computers, communications, handsets and smartphones, automotive, industrial, aerospace, and medical devices. Tower Semiconductor Ltd. was incorporated in 1993 and is headquartered in Migdal Haemek, Israel
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