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Qorvo Inc (NASDAQ:QRVO) has been downgraded to Strong Sell in a statement by Zacks Investment Research earlier today.

Boasting a price of $71.79, Qorvo Inc (NASDAQ:QRVO) traded 2.74% higher on the day. With the last close up 23.48% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Qorvo Inc has recorded a 50-day average of $58.03 and a two hundred day average of $61.14. Volume of trade was up over the average, with 1,440,944 shares of QRVO changing hands over the typical 611,643

Zacks Investment Research has downgraded Qorvo Inc (NASDAQ:QRVO) to Strong Sell in a statement released on 06/21/2017.

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With a total market value of $0, Qorvo Inc has with a one year low of $19.18 and a one year high of $75.55 .

A total of 19 brokers have released a report on Qorvo Inc. Five firms rating the stock a strong buy, 9 firms rating the stock a buy, six equity analysts rating the company a hold, one broker rating the stock a underperform, and finally 0 brokers rating the stock a sell with a consensus target price of $58.32.

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, Europe and North America.

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