B. Riley raised the firm’s price target on FormFactor to $65 from $54 and keeps a Buy rating on the shares. The analyst believes the company’s advanced packaging-related DRAM and foundry/logic revenue have potential to rise materially further and drive earnings per share to $2.50 or higher.
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Read More on FORM:
- FormFactor Again Named One of THE BEST Suppliers in the Semiconductor Industry
- FormFactor price target raised to $54 from $52 at B. Riley
- FormFactor price target raised to $60 from $50 at Craig-Hallum
- FormFactor price target raised to $55 from $42 at DA Davidson
- FormFactor price target raised to $48 from $37 at TD Cowen