FormFactor shares are trading lower after Needham cut its price target on the stock from $60 to $52.
Portfolio Pulse from Benzinga Newsdesk
FormFactor shares declined after Needham reduced its price target from $60 to $52.
October 31, 2024 | 1:53 pm
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NEGATIVE IMPACT
FormFactor's stock price is negatively impacted as Needham lowers its price target from $60 to $52.
The reduction in the price target by Needham suggests a less optimistic outlook for FormFactor, which typically leads to a decrease in investor confidence and a drop in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100