Qorvo (QRVO) Tops Q3 EPS by 16c, Q4 Guidance Misses
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February 8, 2019 9:04 AM EST
Mizuho Securities analyst Vijay Rakesh lowered the price target on Qorvo Inc (NASDAQ: QRVO) to $69.00 (from $70.00) while maintaining a Neutral rating.
The analyst commented, "Qorvo reported a good DecQ but guided to a much weaker MarQ down 19% q/q. DecQ IDP... More
February 8, 2019 8:55 AM EST
Piper Jaffray analyst Harsh Kumar lowered the price target on Qorvo Inc (NASDAQ: QRVO) to $75.00 (from $85.00) while maintaining a Overweight rating.
Kumar commented, "Overall, we feel Qorvo is experiencing some of the same issues as other handset chipmakers, including the... More
February 8, 2019 7:34 AM EST
MKM Partners analyst Ruben Roy lowered the price target on Qorvo Inc (NASDAQ: QRVO) to $81.00 (from $86.00) while maintaining a Buy rating following the company's 3Q. QRVO reported fiscal Q3 revenue of $832 million and non-GAAP EPS of $1.85.
Roy remains positive on QRVO shares given... More
