Susquehanna Maintains Neutral on Qorvo, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland maintains a Neutral rating on Qorvo (NASDAQ:QRVO) and lowers the price target from $115 to $90.
October 30, 2024 | 1:41 pm
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NEGATIVE IMPACT
Susquehanna has maintained a Neutral rating on Qorvo and reduced its price target from $115 to $90, indicating a less optimistic outlook.
The reduction in price target from $115 to $90 by Susquehanna suggests a less favorable view on Qorvo's future performance, which could lead to a negative short-term impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the lowered target may influence investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100