FormFactor price target raised to $70 from $44 at Northland

Northland raised the firm’s price target on FormFactor (FORM) to $70 from $44 and keeps a Market Perform rating on the shares after a beat and raise report. While the firm expects demand to remain strong through 2026 on the back of AI demand, it is modeling the cycle to roll over in calendar year 2027, the analyst tells investors.