Goldman Sachs Maintains Neutral on Qorvo, Raises Price Target to $117
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari has maintained a Neutral rating on Qorvo (NASDAQ:QRVO) and increased the price target from $104 to $117.

February 01, 2024 | 2:12 pm
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Goldman Sachs maintains a Neutral rating on Qorvo but raises the price target from $104 to $117.
The increase in price target by Goldman Sachs, a major financial institution, suggests a positive outlook on Qorvo's stock value in the short term. Although the rating remains Neutral, the raised target indicates an expectation of stock performance improvement, likely leading to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90