Movement Alert｜FormFactor Rises 5.22% in Pre-Market Trading, Multiple Investment Banks Upgrade Ratings Amid Semiconductor Equipment Sector Strength

Market Focus

06/18

On June 18, FormFactor rose 5.22% in pre-market trading, trading at $146.0/share, with turnover of $259,300, extending its recent rebound trajectory.

On the news front, B.Riley recently upgraded FormFactor from Neutral to Buy, maintaining a $165 target price. Earlier, Evercore ISI upgraded the stock from In Line to Outperform with a $155 target price. FactSet data shows the stock carries an average analyst rating of Overweight with a mean target price of $154.75, suggesting meaningful upside from current levels.

FormFactor previously reported strong first-quarter results, with revenue reaching $230 million, gross margin improving 5.1 percentage points sequentially to 49.0%, and raised second-quarter guidance. Meanwhile, the semiconductor equipment sector is broadly strengthening, with Lam Research up 5.41%, KLA-Tencor up 5.03%, Applied Materials up 4.72%, Teradyne up 4.28%, and ASML up 2.84%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FORM","symbol_name":"FormFactor","start_time":0,"source_url":"","article_id":"1106875950","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1106875950","pubTimestamp":1781782811,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 18, FormFactor rose 5.22% in pre-market trading, trading at $146.0/share, with turnover of $259,300, extending its recent rebound trajectory.On the news front, B.Riley recently upgraded...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FORM":"FormFactor"},"translate_title":"动向提示|FormFactor盘前涨5.22%半导体设备板块走强多家投行上调评级","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FORM":1},"content_text":"On June 18, FormFactor rose 5.22% in pre-market trading, trading at $146.0/share, with turnover of $259,300, extending its recent rebound trajectory.On the news front, B.Riley recently upgraded FormFactor from Neutral to Buy, maintaining a $165 target price. Earlier, Evercore ISI upgraded the stock from In Line to Outperform with a $155 target price. FactSet data shows the stock carries an average analyst rating of Overweight with a mean target price of $154.75, suggesting meaningful upside from current levels.FormFactor previously reported strong first-quarter results, with revenue reaching $230 million, gross margin improving 5.1 percentage points sequentially to 49.0%, and raised second-quarter guidance. Meanwhile, the semiconductor equipment sector is broadly strengthening, with Lam Research up 5.41%, KLA-Tencor up 5.03%, Applied Materials up 4.72%, Teradyne up 4.28%, and ASML up 2.84%.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. 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