Raymond James Maintains Outperform on Qorvo, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Srini Pajjuri has reaffirmed an Outperform rating on Qorvo (NASDAQ:QRVO) and increased the price target from $105 to $115, signaling confidence in the company's future performance.
January 19, 2024 | 3:50 pm
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Raymond James analyst Srini Pajjuri maintains an Outperform rating on Qorvo and raises the price target to $115, indicating a positive outlook on the stock.
The increase in price target by Raymond James reflects a bullish stance on Qorvo's stock, suggesting that the analyst expects the stock to perform well in the short term. This could lead to increased investor confidence and a potential rise in the stock price as the market digests this positive news.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100