Investment expert reports noise in the financial market as Qorvo (QRVO) has experienced a rough period recently, with its stock price dropping by 6.4% since the last earnings report. BNP Paribas Financial Markets and Quantbot Technologies LP have however augmented their stockholdings in Qorvo. Despite Qorvo's shares plummeting after the chipmaker posted a surprise loss and warning of a slump, Qorvo still managed to beat Q2 earnings and revenue estimates. Enhanced investment positions have also been noted by Citigroup Inc, Dynamic Technology Lab Private Ltd and Robeco Institutional Asset Management B.V. Qorvo welcomed Alan S. Lowe to its board, forecasting an enhancement in technological leadership. However, Qorvo's share price sharply dropped by 25% despite some top brokers setting the company's price target at $102.88. Finally, Loop Capital initiated its coverage of Qorvo with a hold recommendation.
Qorvo QRVO News Analytics from Thu, 02 May 2024 07:00:00 GMT to Sat, 30 Nov 2024 09:44:33 GMT - Rating -7 - Innovation 2 - Information 0 - Rumor -5
