Susquehanna Maintains Neutral on Qorvo, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland maintains a Neutral rating on Qorvo (NASDAQ:QRVO) and lowers the price target from $135 to $115.
October 21, 2024 | 1:04 pm
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NEGATIVE IMPACT
Susquehanna analyst Christopher Rolland maintains a Neutral rating on Qorvo and lowers the price target from $135 to $115, indicating a less optimistic outlook.
The lowered price target from $135 to $115 suggests a less optimistic view on Qorvo's future performance, which could lead to a short-term negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced target may influence investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100