D. A. Davidson disclosed Qorvo Inc (NASDAQ:QRVO), bumping down its stock price target to $67.00 earlier today
- Updated: September 18, 2016
Boasting a price of $61.45, Qorvo Inc (NASDAQ:QRVO) traded 1.36% lower on the day. The last stock close is up 6.30% relative to the 200-day moving average, compared to the S&P 500 Index which has fallen -0.01% over the date range. QRVO has registered a 50-day average of $56.80 and 200-day moving average of $52.45. Trading volume was was up over the average, with 3,648,213 shares of QRVO changing hands over the typical 1,784,160 shares.
D. A. Davidson lowered the target stock price of Qorvo Inc (NASDAQ:QRVO) to $67, reporting a possible upside of 0.09%,
On 7/22/2016, Cowen released a statement on Qorvo Inc(NASDAQ:QRVO) upped the target price from $55.00 to $65.00 that suggested an upside of 0.08%.
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In addition to D. A. Davidson reporting it’s target price, a total of 19 brokerages have issued a ratings update on the company. The one year target stock price is $58.32 with five firms rating the stock a strong buy, nine firms rating the company a buy, six firms rating the stock a hold, one firm rating the company to underperform, and finally 0 analysts rating the company as sell.
With a market capitalization of $0.0, Qorvo Inc has a P/E of 0 with a 52 week low of $33.30 and a one-year high of $64.80.
General Information About Qorvo Inc (NASDAQ:QRVO)
Qorvo, Inc. is a provider of technologies and radio frequency (RF) solutions for mobile, infrastructure and defense and aerospace applications. The Company designs, develops, manufactures and markets its products to the United States and international original equipment manufacturers (OEMs) and original design manufacturers (ODMs). Its segments include Mobile Products (MP) and Infrastructure and Defense Products (IDP). The MP segment is a supplier of radio frequency (RF) solutions that perform various functions in the cellular radio front end section of smartphones and other cellular devices. The IDP segment is a supplier of RF solutions that support various global applications, including ubiquitous high-speed network connectivity to the cloud, data center communications, Internet connectivity throughout the home and workplace, and upgraded military capabilities across the globe. It operates design, sales and manufacturing facilities located throughout Asia, and Europe and North America.
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