---
title: "This Tower Semiconductor Analyst Begins Coverage On A Bullish Note; Here Are Top 2 Initiations For Friday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295270589.md"
description: "B of A Securities analyst Oliver Wong initiated coverage on Tower Semiconductor Ltd. (NASDAQ: TSEM) with a Buy rating and a $367 price target, noting the stock closed at $224.70. Additionally, JP Morgan's Tomohiko Sano initiated coverage on ADI Global Distribution Inc. (NYSE: ADIG) with a Neutral rating and a $25 price target, as it closed at $26.30."
datetime: "2026-08-07T19:20:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295270589.md)
  - [en](https://longbridge.com/en/news/295270589.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295270589.md)
---

# This Tower Semiconductor Analyst Begins Coverage On A Bullish Note; Here Are Top 2 Initiations For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

-   JP Morgan analyst Tomohiko Sano initiated coverage on **ADI Global Distribution Inc** (NYSE:ADIG) with a Neutral rating and announced a price target of $25. ADI Global Distribution closed at $26.30 on Thursday. See how other analysts view this stock.
-   B of A Securities analyst Oliver Wong initiated coverage on **Tower Semiconductor Ltd.** (NASDAQ:TSEM) with a Buy rating and announced a price target of $367. Tower Semiconductor shares closed at $224.70 on Thursday. See how other analysts view this stock.

Considering buying TSEM stock? Here’s what analysts think:

_Photo via Shutterstock_

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