tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Qorvo price target raised to $110 from $85 at Craig-Hallum

Craig-Hallum analyst Anthony Stoss raised the firm’s price target on Qorvo (QRVO) to $110 from $85 and keeps a Buy rating on the shares. The firm notes the company reported June revenues and EPS above the Street and guided better than consensus for September given seasonality and increased content with Apple (AAPL). Further, management highlighted strength remains in Defense and Aerospace and that their Infrastructure business is recovering.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1