Northland Capital Markets Starts Qorvo Inc (QRVO) at Market Perform

Northland Capital Markets initiates coverage on Qorvo Inc (NASDAQ: QRVO) with a Market Perform rating and a price target of $68.25.

Analyst Tom Sepenzis comments, "QRVO is the combined entity including RFMD and TQNT, and will emerge as one of the top three RF component companies. The combined company has a much broader product base, and should benefit from synergies as the merger is completed over the next 12-18 months."

For an analyst ratings summary and ratings history on Qorvo Inc click here. For more ratings news on Qorvo Inc click here.

Shares of Qorvo Inc closed at $65.52 yesterday.

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