TD Cowen lowered the firm’s price target on Qorvo (QRVO) to $80 from $90 and keeps a Hold rating on the shares. The firm said the company is executing well amid tariff uncertainties as new RF content wins in flagship devices, expanding Defense/Aero design win pipeline, and flexible supply chain are driving in line demand with year-over-year gross margin expansion.
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Read More on QRVO:
- Qorvo price target lowered to $75 from $90 at Loop Capital
- Qorvo price target raised to $68 from $65 at BofA
- Qorvo price target raised to $75 from $65 at Susquehanna
- Qorvo’s Market Position: Balancing Growth Opportunities and Tariff Challenges
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