Stifel Maintains Hold on FormFactor, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brian Chin maintains a Hold rating on FormFactor (NASDAQ:FORM) and raises the price target from $36 to $42.

April 30, 2024 | 11:46 am
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Stifel analyst Brian Chin maintains a Hold rating on FormFactor and raises the price target from $36 to $42.
The increase in price target by Stifel suggests a positive outlook on FormFactor's stock value in the short term, despite maintaining a Hold rating. This adjustment reflects an analyst's confidence in the company's potential to perform better than previously expected, which could lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100