Yesterday Qorvo Inc (NDAQ:QRVO) traded 0.84% higher at $74.17. QRVOs 50-day average is $61.65 and its two hundred day average is $61.65. With the last stock price up 15.48% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. Trading volume was up over the average, with 1,035,659 shares of QRVO changing hands over the typical 661,167
Northland Capital has downgraded Qorvo Inc (NDAQ:QRVO) from Outperform to Market Perform in a report released on 11/02/2017.
On 6/16/2017, Raymond James Financial released a statement for Qorvo Inc (NDAQ:QRVO) bumped up the target price from $0.00 to $87.00. At the time, this indicated a possible upside of 0.21%.
Qorvo Inc has with a one year low of $19.18 and a one year high of $76.47 and has a total market value of $0.
A total of 19 brokerages have issued a ratings update on Qorvo Inc. 5 brokers rating the stock a strong buy, nine analysts rating the company a buy, six firms rating the stock a hold, 1 firm rating the stock a underperform, and finally zero equity analysts rating the company a sell with a one year target of $58.32.
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, Europe and North America.
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