Qorvo (QRVO) Tops Q1 EPS by 3c

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Cowen Affirms Qorvo (QRVO) at 'Market Perform'; iPhone Metrics Strong, but GM Erosion Noted

August 3, 2016 11:58 AM EDT

Cowen and Company affirms Qorvo (Nasdaq: QRVO) at Market Perform with a price target of $65 following Q1 earnings results.

Analyst Tim Arcuri commented today, The top-line beat and guide up seems to us to be entirely driven by iPhone 7 share gain and is consistent with our view that QRVO is the primary beneficiary of the iPhone SKU... More

Qorvo (QRVO) PT Lifted to $63 at Needham & Company Following Results

August 3, 2016 7:30 AM EDT

Needham & Company analyst N. Quinn Bolton reiterated a Buy rating and bumped his price target on Qorvo Inc (NASDAQ: QRVO) to $63.00 (from $53.00) following results.

Bolton commented, "QRVO reported better than expected F1Q17 results and provided impressive top line guidance for F2Q17. Mobile... More