** Shares of Italy's Technoprobe TPRO.MI surge more than 35% after the semiconductor and microelectronics company updated its 2026 outlook to levels above its initial 2027 targets on late on Thursday
** The stock hits a record high of 26.74 euros per share and is on track for its best day ever if the gains hold
** Technoprobe expects revenue of between 950 million and 1.05 billion euros ($1.11 billion and $1.22 billion) and an EBITDA margin of 44-46% for 2026
** It had previously targeted 2027 revenue of 850-950 million euros and a margin of 38-40%
** "The new targets for 2026 clearly exceed those prior to 2027 and lead us to a huge revision of estimates with the conviction that there may still be room for upside," brokerage Equita says
** Q2 sales guidance of 266 million euros is also well above consensus of 200 million euros, the broker adds
** Equita reiterates its "buy" rating and raises PT by 33% to 28 euros per share
** The Technoprobe stock has more than doubled in value YTD; it tops Europe's STOXX 600 index .STOXX in early trading
($1 = 0.8591 euros)
(Reporting by Enrico Sciacovelli)