Piper Sandler downgraded Qorvo (QRVO) to Neutral from Overweight with a price target of $110, down from $125, after the company agreed to be acquired by Skyworks (SWKS).
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on QRVO:
- Piper Sandler upgrades Skyworks to Overweight following merger announcement
- Skyworks price target raised to $89 from $65 at Morgan Stanley
- Qorvo downgraded to Equal Weight from Overweight at Morgan Stanley
- Skyworks upgraded to Overweight from Sector Weight at KeyBanc
- Skyworks upgraded to Equal Weight from Underweight at Barclays