Qorvo (QRVO) Ticks Higher on Chatter

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Qorvo (QRVO) Cites Weaker Than Foretasted Mobile Demand in 3Q - Needham & Company Maintains Buy

January 8, 2016 7:41 AM EST

Needham & Company maintained a Buy rating on Qorvo Inc (NASDAQ: QRVO), and cut the price target to $55.00 (from $64.00), following the company's negatively pre-announced 3Q earnings report. QRVO meaningfully revised lower its revenue guidance for F3Q16 and guided F4Q16 revenue to be approximately flat sequentially.... More

Mizuho Securities Cuts PT Following Qorvo's (QRVO) Negative Pre-Announcement

January 8, 2016 7:13 AM EST

Mizuho Securities maintained a Buy rating on Qorvo Inc (NASDAQ: QRVO), and cut the price target to $50.00 (from $65.00), following the company's negative pre-announcement. Qorvo continues to struggle navigating the RF landscape, the second topline miss in the last six months, while peers... More