Qorvo beats first quarter revenue estimates on upbeat chip demand
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Qorvo Inc (QRVO) PT Raised to $115 at JPMorgan
July 31, 2024 5:16 AM EDTJPMorgan analyst Bill Peterson raised the price target on Qorvo Inc (NASDAQ: QRVO) to $115.00 (from $100.00) while maintaining a Underweight rating.
The analyst comments "Qorvo reported slightly better Jun-Qtr results on better-than-expected mobile demand. For the Sep-Qtr, the team guided revenues up 16% Q/Q, in-line with consensus, driven by the seasonal iPhone ramp. The team... More
