Citigroup analyst Elizabeth Sun downgraded FormFactor, Inc. to 'Neutral' from 'Buy' on August 21, 2025. The firm also lowered its price target for FormFactor from $36.00 to $31.00.
This downgrade reflects a more cautious outlook from Citigroup regarding FormFactor's market performance. Analyst ratings and price targets can influence investor perception and trading decisions.
The nearly 14% reduction in the price target indicates updated expectations for the company's future valuation. This development suggests potential headwinds or revised growth prospects in the analyst's view.
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