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Qorvo price target lowered to $80 from $98 at Mizuho

Qorvo price target lowered to $80 from $98 at Mizuho

Mizuho lowered the firm’s price target on Qorvo (QRVO) to $80 from $98 and keeps a Neutral rating on the shares. The firm sees handset unit growth “remaining muted” in 2025, but potential for some content growth as customers focus on power consumption with artificial intelligence on-device ramps.

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