Qorvo Could Achieve $9.63 EPS By 2026 With Activist Involvement, Morgan Stanley Upgrades Stock
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Morgan Stanley has upgraded Qorvo, Inc. (QRVO) to Overweight from Equal-Weight, with a new price target of $106, up from $90. The upgrade is based on the potential for Qorvo to achieve $9.63 EPS by 2026 with activist involvement.
January 21, 2025 | 7:30 pm
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Morgan Stanley has upgraded Qorvo to Overweight, increasing the price target to $106. The upgrade is driven by the potential for Qorvo to achieve $9.63 EPS by 2026 with activist involvement.
The upgrade by Morgan Stanley and the increased price target suggest a positive outlook for Qorvo's stock. The potential for significant EPS growth by 2026 with activist involvement further supports a bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100