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Qorvo Inc (NASDAQ:QRVO) target price raised to $58.00, reported today by Mizuho Securities

Mizuho Securities upped the target stock price of Qorvo Inc (NASDAQ:QRVO) to $58, stating a possible downside of -0.06%.

Previously on Friday July 22 2016, Cowen released a statement for Qorvo Inc(NASDAQ:QRVO) upped the target price from $55.00 to $65.00. At the time, this indicated a possible upside of 0.08%.

Just yesterday Qorvo Inc (NASDAQ:QRVO) traded 1.02% higher at $61.45. The company’s 50-day moving average is $56.06 and its two hundred day moving average is $52.71. With the last stock close up 6.88% relative to the two hundred day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. Trade volume was down over the average, with 1,240,426 shares of QRVO changing hands under the typical 1,844,470 shares..

Recent Performance Graph:


With a total market value of $0.0, Qorvo Inc has a one-year low of $33.30 and a one-year high of $64.80 with a PE ratio of 0.

A total of 19 equity analysts have issued a ratings update on QRVO. Five firms rate the company a strong buy, nine firms rate the stock a buy, six analyts rate the stock a hold, one firm rate the company to underperform, and finally 0 firmsrate the company as sell with a consensus target price of $58.32

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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