Piper Sandler Reiterates Neutral on Qorvo, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Harsh Kumar has reiterated a Neutral rating on Qorvo (NASDAQ:QRVO) and lowered the price target from $100 to $85.
October 30, 2024 | 4:26 pm
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NEGATIVE IMPACT
Piper Sandler has maintained a Neutral rating on Qorvo but reduced the price target from $100 to $85, indicating a less optimistic outlook.
The reduction in price target from $100 to $85 by Piper Sandler suggests a less favorable view on Qorvo's future performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100