Piper Sandler Maintains Neutral on Qorvo, Lowers Price Target to $105-Report Released on 31 January 2024
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Harsh Kumar maintains a Neutral rating on Qorvo (NASDAQ:QRVO) and lowers the price target from $120 to $105 as of 31 January 2024.
February 01, 2024 | 8:27 pm
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Piper Sandler maintains a Neutral rating on Qorvo and reduces the price target from $120 to $105.
The reduction in the price target by Piper Sandler suggests a less optimistic outlook on Qorvo's stock performance in the short term. This adjustment reflects the analyst's view on the company's future prospects, potentially influencing investor sentiment and leading to a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100