Movement Alert｜FormFactor Rises 6.72% in Regular Trading, Multiple Investment Banks Upgrade Ratings as Semiconductor Equipment Sector Rallies

Market Focus

06/18

On June 18, FormFactor rose 6.72% in regular trading, trading at $154.26/share, with turnover of $35.07 million, extending its recent rebound trajectory.

On the news front, B.Riley recently upgraded FormFactor from Neutral to Buy, maintaining a $165 target price. Prior to that, 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. The company previously reported strong Q1 results with revenue of $230 million, gross margin improving 5.1 percentage points sequentially to 49.0%, and raised its Q2 guidance, reinforcing positive sentiment from the concentrated rating upgrades.

Within the Semiconductor Equipment sector, the broader group rallied in tandem. Among individual stocks, Applied Materials up 7.61%, KLA-Tencor up 7.08%, Lam Research up 6.94%, ASML Holding NV up 2.77%, AXT Inc down 5.26%.

(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":"1170990689","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1170990689","pubTimestamp":1781790776,"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 6.72% in regular trading, trading at $154.26/share, with turnover of $35.07 million, 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常规交易涨6.72%半导体设备板块反弹多家投行上调评级","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FORM":1},"content_text":"On June 18, FormFactor rose 6.72% in regular trading, trading at $154.26/share, with turnover of $35.07 million, extending its recent rebound trajectory.On the news front, B.Riley recently upgraded FormFactor from Neutral to Buy, maintaining a $165 target price. 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