Brean Capital Raises Price Target on Qorvo (QRVO) to $62 Following 4Q Beat

Go back to Brean Capital Raises Price Target on Qorvo (QRVO) to $62 Following 4Q Beat

Pre-Open Stock Movers 05/05: (SYNC) (AAWW) (ZNGA) Higher; (FRSH) (RRTS) (FIT) Lower (more...)

May 5, 2016 9:27 AM EDT

Today's pre-open movers:

Synacor (Nasdaq: SYNC) 136.2% HIGHER; AT&T Inc. (NYSE:... More

Qorvo (QRVO) PT Increased to $57 - BMO

May 5, 2016 7:07 AM EDT

BMO Capital analyst Tim Long raised his PT to $57 up from $50 after Qorvo Inc (NASDAQ: QRVO) reported positive results and provided strong June guidance. The analyst had been concerned that recent iPhone weakness would continue to drag down results, but it appears the earlier... More

Needham & Company Raises Price Target on Qorvo (QRVO) to $53 Following Strong 4Q Beat

May 5, 2016 6:39 AM EDT

Needham & Company reiterated a Buy rating on Qorvo Inc (NASDAQ: QRVO), and raised the price target to $53.00 (from $50.00), following the company's 4Q earnings report. QRVO reported revenue and NG EPS of $607MM/$1.04. Results exceeded guidance, as well as consensus estimates of $595MM/$0.90. Management guided F1Q17 revenue... More

After-Hours Stock Movers 05/04: (EPE) (ZNGA) (WTW) Higher; (FRSH) (RRTS) (FIT) Lower (more...)

May 4, 2016 6:30 PM EDT

Today's after-hours stock movers:

Papa Murphy's (NASDAQ: FRSH) 23% LOWER; reported Q1 EPS of $0.04, $0.09 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $33 million versus the consensus estimate of $33.9 million. Domestic comparable store sales decreased by 2.8%, including a 2.8% decrease at both domestic franchisee-owned stores and at company-owned stores, compared with the first quarter of 2015. Revises Comp Guidance Lower.

Roadrunner Transportation Systems (NYSE: RRTS) 17.3% LOWER; reported Q1 EPS of $0.13, $0.10 worse than the analyst estimate of $0.23. Revenue... More

Qorvo (QRVO) Tops Q4 EPS by 12c, Q1 Guidance Tops Views

May 4, 2016 4:03 PM EDT

Qorvo (NASDAQ: QRVO) reported Q4 EPS of $1.04, $0.12 better than the analyst estimate of $0.92. Revenue for the quarter came in at $607.1 million versus the consensus estimate of $599.16 million.

GUIDANCE:

Qorvo sees Q2 2017 EPS of $1.05, versus the consensus of $0.96. Qorvo sees Q2 2017... More