FormFactor price target raised to $65 from $42 at Stifel

Stifel raised the firm’s price target on FormFactor (FORM) to $65 from $42 and keeps a Hold rating on the shares as part of the firm’s semi equipment 2026 outlook. Field checks over the past few weeks have been bullish, says the analyst, who now expects growth in industry WFE spending of 10%-15% in calendar 2026, exceeding its prior 7%-8% year-over-year forecast.