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Analysts Offer Insights on Technology Companies: Formfactor (FORM) and TTM Technologies (TTMI)

Tipranks - Tipranks - Fri Feb 6, 7:14AM CST

Analysts have been eager to weigh in on the Technology sector with new ratings on Formfactor (FORM – Research Report) and TTM Technologies (TTMI – Research Report).

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Formfactor (FORM)

Stifel Nicolaus analyst Brian Chin maintained a Hold rating on Formfactor today and set a price target of $75.00. The company’s shares closed last Wednesday at $71.57.

According to TipRanks.com, Chin is a 5-star analyst with an average return of 31.4% and a 64.4% success rate. Chin covers the Technology sector, focusing on stocks such as SkyWater Technology, Applied Materials, and Penguin Solutions. ;'>

Formfactor has an analyst consensus of Moderate Buy, with a price target consensus of $80.00, a 6.6% upside from current levels. In a report released today, TD Cowen also maintained a Hold rating on the stock with a $80.00 price target.

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TTM Technologies (TTMI)

Truist Financial analyst William Stein maintained a Buy rating on TTM Technologies today and set a price target of $115.00. The company’s shares closed last Wednesday at $96.22.

According to TipRanks.com, Stein is a top 25 analyst with an average return of 34.5% and a 77.0% success rate. Stein covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Advanced Micro Devices, and NXP Semiconductors. ;'>

Currently, the analyst consensus on TTM Technologies is a Strong Buy with an average price target of $117.75, representing an 11.1% upside. In a report issued on January 22, B. Riley Securities also maintained a Buy rating on the stock with a $123.00 price target.

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