Piper Sandler Reiterates Neutral on Qorvo, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Harsh Kumar has reiterated a Neutral rating on Qorvo (NASDAQ:QRVO) and raised the price target from $105 to $120.
July 31, 2024 | 1:36 pm
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Piper Sandler analyst Harsh Kumar has reiterated a Neutral rating on Qorvo and raised the price target from $105 to $120.
The raised price target from $105 to $120 suggests a positive outlook on Qorvo's future performance, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see a strong buy or sell signal, moderating the impact.
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