Needham Starts FormFactor (FORM) at Buy, $8 Target; Shares Edge Higher

June 14, 2012 2:35 PM EDT Send to a Friend
Get Alerts FORM Hot Sheet
Price: $5.45 -1.8%

Rating Summary:
    3 Buy, 1 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 28 | New: 14
Trade FORM Now!
Needham & Company 's Vernon Essi initiated coverage on shares of FormFactor (NASDAQ: FORM) with a Buy rating and an $8 price target in an intraday research note Thursday.

The stock has ticked higher since the new Buy rating. Shares are now up 2 percent to $5.95. Essi's new price target represents potential upside of about 34 percent from where the stock is currently trading.

For an analyst ratings summary and ratings history on FormFactor click here. For more ratings news on FormFactor click here.


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