Citi lowered the firm’s price target on Qorvo (QRVO) to $90 from $105 and keeps a Neutral rating on the shares.
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Read More on QRVO:
- Qorvo: Improving Profitability Offset by Weak Long-Term Revenue Outlook Supports Hold Rating
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- Qorvo reports Q3 EPS $2.17, consensus $1.86
- Qorvo sees Q4 EPS $1.20 +/- 15c, consensus $1.37
- Qorvo options imply 5.7% move in share price post-earnings