Morgan Stanley Analyst Reiterates Hold Rating on Qorvo, QRVO
Joseph Moore analyst at Morgan Stanley reiterates coverage on Qorvo (QRVO) in the Technology sector with a Hold rating. TipRanks.com has Moore rated as a 4.6 star analyst with a 54% return on investment and a 11% success rate. Moore has set a price target of $ 127.
TipRanks.com reports that Qorvo currently has 8 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $144.57. The target pricing ranges from a high forecast of $185.00 down to a low forecast of $127.00. Qorvo (QRVO)’s last closing price was $$120.09 which would put the average price target at 20.38% upside.
In addition, TradingView issued a Neutral rating for QRVO over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on QRVO.
Other analysts covering QRVO include:
- Blayne Curtis of Barclays issued a Buy rating with the price target of $ 145 on 1 week ago
- Edward F. Snyder of Charter Equity issued a Hold rating with the price target of n/a on 1 week ago
- Vijay Rakesh of Mizuho Securities issued a Hold rating with the price target of $ 135 on 2 weeks ago
- Gary Mobley of Wells Fargo issued a Buy rating with the price target of $ 185 on 2 weeks ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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