** U.S.-listed shares of Tower Semiconductor TSEM.O jumps ~13.6% to $48.96
** Co reports Q3 adjusted earnings per share of 57 cents, beating estimates of 53 cents, according to data compiled by LSEG
** TSEM's Q3 revenue of $371 mln also beat analysts' expectations of $370.3 mln
** Co expects Q4 revenue to be $387 mln, with an upward or downward range of 5% vs $379.2 mln estimate
** All of 3 brokerages rate the stock "buy"; their median PT is $54.50 — LSEG
** Including session's moves, stock up ~62% YTD
(Reporting by Prakhar Srivastava in Bengaluru)
((Prakhar.srivastava2@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.