Piper Sandler downgraded Qorvo (QRVO) to Neutral from Overweight with a price target of $110, down from $125, after the company agreed to be acquired by Skyworks (SWKS).
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Read More on QRVO:
- Piper Sandler upgrades Skyworks to Overweight following merger announcement
- Skyworks price target raised to $89 from $65 at Morgan Stanley
- Qorvo downgraded to Equal Weight from Overweight at Morgan Stanley
- Skyworks upgraded to Overweight from Sector Weight at KeyBanc
- Skyworks upgraded to Equal Weight from Underweight at Barclays
