UPDATE: BofA/Merrill Lynch Upgrades Qorvo Inc (QRVO) to Neutral, Says Apple (AAPL) Win Offsets Unit Uncertainty

Go back to UPDATE: BofA/Merrill Lynch Upgrades Qorvo Inc (QRVO) to Neutral, Says Apple (AAPL) Win Offsets Unit Uncertainty

Summit Redstone Downgrades Qorvo Inc (QRVO) to Sell Citing Design Changes at Apple (AAPL)

February 1, 2018 3:29 PM EST

Summit Redstone downgraded Qorvo Inc (NASDAQ: QRVO) from Hold to Sell.

For an analyst ratings summary and ratings history on Qorvo Inc click here. For more ratings news on Qorvo Inc click here.

Shares of Qorvo Inc closed at $71.77 yesterday.

... More

Qorvo Inc (QRVO) PT Raised to $75 at Macquarie

February 1, 2018 8:52 AM EST

Macquarie raised its price target on Qorvo Inc (NASDAQ: QRVO) to $75.00 (from $68.00) while maintaining a Neutral rating.

... More

Qorvo Inc (QRVO) PT Raised to $89 at Canaccord Genuity on 3Q Beat; 'Gross Margins Remain Steady with Strong Execution'

February 1, 2018 7:40 AM EST

Canaccord Genuity raised its price target on Qorvo Inc (NASDAQ: QRVO) to $89.00 (from $81.00) while maintaining a Buy rating, following the company's third quarter earnings report.

Analyst T. Michael Walkley notes a positive outlook on the shares, as the company reported third quarter... More

Qorvo Inc (QRVO) PT Raised to $95 at Longbow Research

February 1, 2018 7:36 AM EST

Longbow Research raised its price target on Qorvo Inc (NASDAQ: QRVO) to $95.00 (from $85.00) while maintaining a Buy rating.

... More

Qorvo Inc (QRVO) PT Raised to $88 at Needham & Company

February 1, 2018 7:29 AM EST

Needham & Company raised its price target on Qorvo Inc (NASDAQ: QRVO) to $88.00 (from $84.00) while maintaining a Buy rating.

Analyst N. Quinn Bolton commented, "QRVO reported stronger than expected F3Q18 results while offering an outlook for F4Q18 that was well below... More

Qorvo Inc (QRVO) PT Raised to $74 at Morgan Stanley

February 1, 2018 7:07 AM EST

Morgan Stanley raised its price target on Qorvo Inc (NASDAQ: QRVO) to $74.00 (from $70.00) while maintaining a Equalweight rating.

... More

Northland Capital Markets Upgrades Qorvo Inc (QRVO) to Outperform

February 1, 2018 6:50 AM EST

Northland Capital Markets upgraded Qorvo Inc (NASDAQ: QRVO) from Market Perform to Outperform with a price target of $85.00 (from $75.00).

For an analyst ratings summary and ratings history on Qorvo Inc click here. For more ratings news on Qorvo Inc click here.

Shares of Qorvo Inc closed at $71.77 yesterday.

... More

Nomura/Instinet Upgrades Qorvo Inc (QRVO) to Buy

February 1, 2018 5:59 AM EST

Nomura/Instinet upgraded Qorvo Inc (NASDAQ: QRVO) from Neutral to Buy with a price target of $85.00 (from $75.00).

Analyst Krysten Sciacca comments "We are upgrading the stock from Neutral to Buy as management essentially confirmed our belief of a mid/high-band design... More

Qorvo Inc (QRVO) PT Raised to $95 at MKM Partners

February 1, 2018 5:52 AM EST

MKM Partners raised its price target on Qorvo Inc (NASDAQ: QRVO) to $95.00 (from $70.00) while maintaining a Buy rating.

Analyst Ruben Roy says the confirmation of mid to high band PAD ramp outweighs the impacts of "another weak guide."

... More

Qorvo Inc (QRVO) PT Raised to $74 at Mizuho Securities

February 1, 2018 5:00 AM EST

Mizuho Securities raised its price target on Qorvo Inc (NASDAQ: QRVO) to $74.00 (from $70.00) while maintaining a Neutral rating.

... More

Qorvo Inc (QRVO) PT Raised to $87 at Barclays

February 1, 2018 3:44 AM EST

Barclays raised its price target on Qorvo Inc (NASDAQ: QRVO) to $87.00 (from $75.00) while maintaining a Equalweight rating.

... More

Qorvo (QRVO) Tops Q3 EPS by 9c, Beat on Revenues; Offers Q4 EPS/Revenue Outlook Above Consensus

January 31, 2018 4:02 PM EST

Qorvo (NASDAQ: QRVO) reported Q3 EPS of $1.69, $0.09 better than the analyst estimate of $1.60. Revenue for the quarter came in at $845.7 million versus the consensus estimate of $841.49 million.

Financial Commentary and Outlook

Mark Murphy, chief financial officer of Qorvo, said, Our third quarter results... More