Qorvo Reports Fiscal 2015 Fourth Quarter Results

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Needham & Company Upgrades Qorvo Inc (QRVO) to Buy; $88 PT

May 7, 2015 7:39 AM EDT

Needham & Company upgraded Qorvo Inc (NASDAQ: QRVO) from Hold to Buy with a price target of $88.00 on impressive earnings leverage.

Analyst N. Quinn Bolton commented, QRVO delivered impressive beat and raise results on all metrics in F4Q15 on strong shipments of the iPhone 6/6 Plus.... More