Qorvo (QRVO) Tops Q4 EPS by 24c; Issues Confident Q1 Outlook

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Go back to Qorvo (QRVO) Tops Q4 EPS by 24c; Issues Confident Q1 Outlook

Ascendiant Capital Markets Raise PT After Qorvo (QRVO) 1Q Results

May 7, 2015 9:06 AM EDT

Ascendiant Capital Markets reiterate their Buy rating on Qorvo, Inc (NASDAQ: QRVO) and raise the price target to $90 (from $86). QRVO executed a strong seasonal quarter with a record 50.4% gross margin. It is likely that QRVO will have meaningful margin improvement from here on.

Ascendiant Capital Markets... More

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