Susquehanna Maintains Neutral on Qorvo, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland maintains a Neutral rating on Qorvo (NASDAQ:QRVO) and lowers the price target from $100 to $95.
May 02, 2024 | 12:30 pm
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Susquehanna maintains a Neutral rating on Qorvo and lowers the price target from $100 to $95.
The reduction in price target by Susquehanna suggests a bearish outlook on Qorvo's short-term price potential, likely due to anticipated challenges or underperformance relative to market expectations. This adjustment could lead to a negative perception among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100