TD Cowen Maintains Hold on Qorvo, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Matthew Ramsay maintains a Hold rating on Qorvo (NASDAQ:QRVO) but lowers the price target from $125 to $85.
October 30, 2024 | 6:51 pm
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TD Cowen analyst Matthew Ramsay maintains a Hold rating on Qorvo but significantly lowers the price target from $125 to $85, indicating a more cautious outlook.
The significant reduction in the price target from $125 to $85 suggests a more cautious outlook on Qorvo's future performance. This could lead to a negative short-term impact on the stock price as investors adjust their expectations.
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