Needham Reiterates Buy on FormFactor, Maintains $40 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Charles Shi has reiterated a 'Buy' rating on FormFactor (NASDAQ:FORM) and maintained a price target of $40.
August 04, 2023 | 12:44 pm
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FormFactor's stock rating has been reiterated as 'Buy' by Needham analyst Charles Shi, with a maintained price target of $40.
The reiteration of a 'Buy' rating by a respected analyst like Charles Shi is a positive signal for investors. The maintained price target of $40 also indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100