TD Cowen raised the firm’s price target on FormFactor (FORM) to $150 from $80 and keeps a Hold rating on the shares. The firm said its management team positioned the company well across all inflecting end-markets including GPUs, HBM, networking switches etc, but for Cowen to be more constructive they’d like to see an inflection in earnings power to support valuation, all else equal.
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Read More on FORM:
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