NASDAQ:QRVO - Nasdaq - US74736K1016 - Common Stock
Morgan Stanley analyst Joseph Moore upgraded Qorvo, Inc. (NASDAQ:QRVO) to Overweight from Equal-Weight, raising the price forecast to $106 from $90. Moore notes that he has seen value in Qorvo stock and attempted to capture it through upgrades, but the results have been only modest. The analyst also highlighted challenges in the radio frequency space, particularly with pressure on the Chinese business, which increases concentration in other areas. Per Moore, while the radio frequency market serv
Morgan Stanley upgrades Qorvo to Overweight with a $106 price target, projecting $9.63 EPS by 2026 and strong margins through strategic focus.
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Shares of communications chips maker Qorvo (NASDAQ: QRVO) jumped 11.9% in the morning session after activist investor, Starboard Value, disclosed a 7.7% stake in the company. This move is noteworthy given that activist investors often bring about significant changes in targeted companies, focusing on improving asset monetization, expense efficiency, and stock buybacks.
(Reuters) - Starboard Value has built a 7.7% stake in Qorvo (QRVO), the chipmaker revealed in a filing on Friday, as the activist investor looks to boost the company's weak share price.
Qorvo Inc. shares surged in extended trading after the Wall Street Journal reported that Starboard Value has amassed a 7.7% stake in the US chipmaker and plans to push for changes to boost its stock price.
GREENSBORO, N.C., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced...
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Broadcom (NASDAQ:AVGO) and the best and worst performers in the processors and graphics chips industry.
GREENSBORO, N.C., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, has received...
They'll join the index before the open on Dec. 23 as part of a quarterly rebalance.
GREENSBORO, N.C., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced...