JP Morgan Maintains Underweight on Qorvo, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Bill Peterson maintains an Underweight rating on Qorvo (NASDAQ:QRVO) and lowers the price target from $110 to $95.
November 02, 2023 | 9:54 pm
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JP Morgan has maintained an Underweight rating on Qorvo and lowered the price target from $110 to $95.
The lowered price target by JP Morgan indicates a bearish outlook for Qorvo. This could potentially lead to a decrease in the stock price in the short term as it may cause investors to reassess their positions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100