QRVO - 3 Analysts Dissect Qorvo Earnings Beat Predict Margins 'Are Likely To Contract' | Benzinga
Shares of Qorvo Inc (NASDAQ: QRVO) rose in early trading on Thursday, after the company reported better-than-expected third-quarter results.
The results came amid an exciting earnings season. Here are some key analyst takeaways from the release.
- Needham analyst Quinn Bolton maintained a Buy rating and price target of $125.
- KeyBanc analyst John Vinh reiterated a Sector Weight rating on the stock.
- Oppenheimer analyst Rick Schafer reaffirmed a Perform rating on the stock.
Check out other analyst stock ratings.
Needham: Qorvo reported strong results for its fiscal third quarter, which were "once again driven by content gains at its largest customers and management seems confident in further growing its share at its largest customer over the next two years,” ...