Morgan Stanley upgrades Qorvo to Overweight with a $106 price target, projecting $9.63 EPS by 2026 and strong margins through strategic focus.

Qorvo faces a shake-up as Starboard takes a big stake, while onsemi makes a bold $115M semiconductor power move.

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Activist investor Starboard Value has amassed a stake in chip maker Qorvo that’s worth billions of dollars, according to a report from The Wall Street Journal. Starboard owns 7.7% of Qorvo, the Journal said,

Qorvo stock is moving higher on Friday following a Wall Street Journal report revealing that activist investor Starboard Value has acquired a 7.7% stake in the company.

The activist firm run by Jeff Smith owns a 7.7% stake in the chip maker that competes with the likes of Broadcom and Qualcomm.

In this article, we are going to take a look at where Qorvo, Inc. (NASDAQ:QRVO) stands against the other stocks that were skyrocketing on Friday. Wall Street saw a strong trading session on Friday ...

Qorvo shares rose in early trading Friday after a Wall Street Journal report found that activist investor Starboard Value has built a big stake in the chip maker and is looking to push for changes. Shares rose 7.3% higher in premarket trading at $78.99.

Morgan Stanley analyst Joseph Moore upgraded Qorvo (QRVO) to Overweight from Equal Weight with a price target of $106, up from $90. Qorvo has

In a report released today, Joseph Moore from Morgan Stanley upgraded Qorvo (QRVO – Research Report) to a Buy, with a price target of

Shares of chipmaker Qorvo (NASDAQ: QRVO) rallied 13.4% on Friday, as of 1:55 p.m. ET. Qorvo soared on the news that an activist investor had taken a sizable stake in the company. Given that the stock is down about 29% in the last year and activist involvement could lead to shareholder-friendly moves, Qorvo rallied on the news.

Jan 16 (Reuters) - Activist investor Starboard Value has built a 7.7% stake in chipmaker Qorvo (QRVO.O), opens new tab, the Wall Street Journal reported on Thursday, citing people familiar with ...