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FormFactor price target raised to $32 from $26 at B. Riley

B. Riley raised the firm’s price target on FormFactor (FORM) to $32 from $26 and keeps a Neutral rating on the shares. The company’s Q1 print modestly exceeded consensus, and the Q2 outlook midpoint was similarly ahead, the analyst tells investors in a research note. The firm sees an upward bias to estimates.

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