B. Riley raised the firm’s price target on FormFactor (FORM) to $78 from $66 and keeps a Buy rating on the shares. FormFactor’s recent non-deal roadshow highlighted strong near- and long-term drivers, including robust DRAM growth, GPU/XPU diversification, and structural operational improvements supporting a gross margin inflection toward 47% in 2026, the analyst tells investors in a research note. These factors reinforce FormFactor as a top Semi Cap pick with attractive 12-month return potential, B. Riley says.
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