8 hours Ago By ABMN Staff
Qorvo ( NASDAQ:QRVO – Free Report ) had its price objective decreased by Barclays from $80.00 to $60.00 in a report published on Tuesday morning, Benzinga reports.
Barclays currently has an equal weight rating on the semiconductor company’s stock. Other analysts also recently issued reports about the company. Piper Sandler upgraded Qorvo from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $85.
00 to $110.00 in a research report on Monday, January 27th. Loop Capital raised their price target on shares of Qorvo from $80.
00 to $90.00 and gave the stock a “hold” rating in a research note on Wednesday, January 29th. Morgan Stanley raised shares of Qorvo from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $90.
00 to $106.00 in a research report on Tuesday, January 21st. StockNews.
com upgraded shares of Qorvo from a “hold” rating to a “buy” rating in a research report on Wednesday, January 29th. Finally, The Goldman Sachs Group cut their price target on Qorvo from $99.00 to $78.
00 and set a “neutral” rating for the company in a report on Friday, January 10th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $94.
79. View Our Latest Stock Analysis on QRVO Qorvo Stock Up 6.0 % Institutional Inflows and Outflows Several institutional investors and hedge funds have recently modified their holdings of the business.
City Holding Co. acquired a new position in Qorvo during the 1st quarter valued at about $25,000. Rakuten Securities Inc.
bought a new position in shares of Qorvo in the fourth quarter valued at approximately $28,000. Huntington National Bank boosted its holdings in shares of Qorvo by 47.1% in the fourth quarter.
Huntington National Bank now owns 453 shares of the semiconductor company’s stock valued at $32,000 after acquiring an additional 145 shares in the last quarter. Curat Global LLC acquired a new position in shares of Qorvo during the first quarter valued at approximately $34,000. Finally, SBI Securities Co.
Ltd. bought a new stake in Qorvo during the fourth quarter worth approximately $37,000. Institutional investors own 88.
57% of the company’s stock. Qorvo Company Profile ( Get Free Report ) Qorvo, Inc engages in development and commercialization of technologies and products for wireless, wired, and power markets. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG).
The HPA segment supplies radio frequency and power management solutions for automotive, defense and aerospace, cellular infrastructure, broadband, and other markets. Further Reading Receive News & Ratings for Qorvo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qorvo and related companies with MarketBeat.com's FREE daily email newsletter .
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