UBS analyst Timothy Arcuri lowered the firm’s price target on Qorvo to $100 from $115 and keeps a Neutral rating on the shares. Qorvo’s results were “better,” but carry through upside was limited both in terms of revenue and margins, the analyst tells investors in a research note.
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>>
See the top stocks recommended by analysts >>
Read More on QRVO: