TD Cowen raised the firm’s price target on FormFactor (FORM) to $50 from $35 and keeps a Hold rating on the shares. The firm said DRAM Probe Card demand remains stable near-term, driving above Consensus December quarter revenues while foundry/logic demand has been relatively softer.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FORM:
- FormFactor price target raised to $55 from $45 at DA Davidson
- FormFactor price target raised to $44 from $23 at Northland
- FormFactor price target raised to $42 from $35 at Stifel
- Formfactor’s Mixed Performance and Strategic Initiatives Lead to Hold Rating
- Cautious Optimism: Hold Rating on Formfactor Amid Recent Performance and Valuation Concerns
