Wells Fargo Maintains Equal-Weight on Qorvo, Raises Price Target to $110
Portfolio Pulse from jenniferd'souza@benzinga.com
Wells Fargo analyst Gary Mobley has maintained an Equal-Weight rating on Qorvo (NASDAQ:QRVO) and raised the price target from $100 to $110.
August 04, 2023 | 1:31 pm
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Wells Fargo has maintained an Equal-Weight rating on Qorvo and raised the price target from $100 to $110, which could potentially lead to an increase in the stock's price.
The increase in price target by Wells Fargo indicates a positive outlook for Qorvo. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
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RELEVANCE 100