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Qorvo Inc (NASDAQ:QRVO) target price raised to $70.00, reported today by MKM Partners

In a report announced on 8/03/2016 MKM Partners bumped up the target price of Qorvo Inc (NASDAQ:QRVO) from $64 to $70 reporting a possible upside of 0.14%.

On 7/22/2016, Cowen released a statement on Qorvo Inc(NASDAQ:QRVO) bumped the target price from $55.00 to $65.00. At the time, this suggested an upside of 0.08%.

Yesterday Qorvo Inc (NASDAQ:QRVO) traded 1.36% lower at $61.45. The company’s 50-day moving average is $56.80 and its two hundred day average is $52.45. With the last stock close up 6.30% relative to the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. 3,648,213 shares of Qorvo Inc traded hands, up from ann average volume of 1,784,160.

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Qorvo Inc has a 52 week low of $33.30 and a 52 week high of $64.80 and has a market capitalization of $0.0.

A total of 19 brokers have issued a research note on the company. Five firms rate the stock a strong buy, nine firms rate the stock a buy, six analyts rate the company a hold, one firm rate the company to underperform, and finally 0 analystsrate the stock as sell with a consensus target stock 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, and Europe and North America.

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