Qorvo Inc (QRVO) PT Raised to $125 at Piper Sandler

Piper Sandler analyst Harsh Kumar raised the price target on Qorvo Inc (NASDAQ: QRVO) to $125.00 (from $110.00) while maintaining a Overweight rating.

The analyst commented: "QRVO reported strong June results, beating street expectations by a wide margin for both the June quarter as well as for the September guide. Specifically, QRVO is benefiting from
strong content gains at its largest customer, which is more than offsetting planned Android declines. Reiterate OW. PT to $125."

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