FormFactor, Inc. Reports Strong Third Quarter Results

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FormFactor (FORM) PT Raised to $20 at Needham & Company Following 3Q Beat

November 1, 2017 7:54 AM EDT

Needham & Company raised its price target on FormFactor (NASDAQ: FORM) to $20.00 (from $18.00) while maintaining a Buy rating following the company's 3Q earnings report. 3Q revenue and Non-GAAP EPS of $143.7MM and $0.34 were above consensus estimates of $140.3MM/$0.32.

4Q revenue guidance of... More

FormFactor (FORM) PT Raised to $21 at Stifel

November 1, 2017 6:53 AM EDT

Stifel raised its price target on FormFactor (NASDAQ: FORM) to $21.00 (from $18.00) while maintaining a Buy rating following better-than-expected Q3 results.

Analyst Patrick Ho experienced strength in both its foundry/logic and DRAM probe card businesses.

Ho said while the December quarter represents... More