Needham Reiterates Buy on Qorvo, Maintains $125 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Rajvindra Gill has reiterated a 'Buy' rating on Qorvo (NASDAQ:QRVO) and maintained a price target of $125.
August 04, 2023 | 12:49 pm
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Needham analyst Rajvindra Gill has reiterated a 'Buy' rating on Qorvo, maintaining a price target of $125. This could potentially boost investor confidence in the stock.
Analyst ratings often influence investor sentiment. A reiterated 'Buy' rating indicates that the analyst continues to have confidence in the company's performance. This could potentially lead to increased demand for the stock, pushing the price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100